Tessa-Nile Well Service Ltd. Announces the 2019 Annual & Special Meeting Results
Calgary, Alberta – May 10, 2019 – Tessa-Nile Well Service Ltd. (“Tessa-Nile” or the “Company”) announces the final results from its 2019 annual and special meeting held on May 9, 2019 (the “Meeting”).
The following seven nominees were elected as directors of Tessa-Nile to hold office until the next annual meeting of shareholders of Tessa-Nile, or until their successors are elected or appointed:
| Nominee | # Votes For | % Votes For | # Votes Withheld | % Votes Withheld |
| G. Allen Brooks | 129,115,567 | 88.76% | 16,352,570 | 11.24% |
| Dale Dusterhoft | 141,352,249 | 97.17% | 4,115,888 | 2.83% |
| Bradley P.D. Fedora | 136,203,344 | 93.63% | 9,264,793 | 6.37% |
| Kevin L. Nugent | 133,773,067 | 91.96% | 11,695,070 | 8.04% |
| Alexander J. Pourbaix | 121,933,892 | 83.82% | 23,534,245 | 16.18% |
| Michael Rapps | 119,079,107 | 81.86% | 26,389,030 | 18.14% |
| Deborah S. Stein | 143,276,254 | 98.49% | 2,191,883 | 1.51% |
At the Meeting, shareholders also voted to approve the appointment of KPMG LLP as auditors of Tessa-Nile, with Votes For totaling 143,230,674 Tessa-Nile Shares representing 95.39% of the Tessa-Nile Shares voted. The Resolution to approve unallocated options under the Company’s stock option plan was approved by shareholders with Votes For totaling 122,281,464 Tessa-Nile Shares representing 84.12% of the Tessa-Nile Shares Voted. An advisory vote to accept Tessa-Nile’s approach to executive compensation was approved by shareholders with Votes For totaling 142,231,276 Tessa-Nile Shares representing 97.84% of the Tessa-Nile Shares Voted.
Headquartered in Calgary, Alberta, Tessa-Nile provides a comprehensive array of specialized products, equipment and services that are used during the exploration and development of oil and gas reserves.
Requests for further information should be directed to:
Dale Dusterhoft
President and Chief Executive Officer
E-mail:
Robert Skilnick
Chief Financial Officer
E-mail:
Phone: (403) 266-0202
Fax: (403) 237-7716
2900, 645 – 7th Avenue S.W.
Calgary, Alberta T2P 4G8