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Parex Resources Announces Voting Results of Shareholders’ Meeting
GlobeNewswire·2025-05-08 21:15

Core Points - Parex Resources Inc. held its annual general meeting on May 8, 2025, where all matters presented for approval were fully authorized and approved [1] - Shareholders elected nine directors to serve until the next annual meeting, with voting results showing high approval percentages for each nominee [2] - A non-binding advisory resolution regarding the company's executive compensation approach received 95.95% approval from shareholders [2] Group 1 - The election results for directors showed Lynn Azar received 99.41% approval, Sigmund Cornelius 99.45%, and Mona Jasinski 99.74%, among others [2] - The total votes for the non-binding advisory resolution on executive compensation amounted to 60,730,718, representing 95.95% in favor [2] Group 2 - Parex Resources is one of the largest independent oil and gas companies in Colombia, focusing on sustainable conventional production [4] - The company is headquartered in Calgary, Canada, with an operating office in Bogotá, Colombia, and trades on the Toronto Stock Exchange under the symbol PXT [4]