Bonavista Energy Corporation Report on Voting from the 2013 Shareholders Meeting

Bonavista Energy Corporation Report on Voting from the 2013 Shareholders Meeting 
CALGARY, ALBERTA -- (Marketwired) -- 05/03/13 -- Bonavista Energy
Corporation ("Bonavista" or the "Corporation") (TSX:BNP) announces
that the following matters were voted upon at the annual and special
meeting of the shareholders of Bonavista held on May 2, 2013 in
Calgary, Alberta. Each of the matters is described in greater detail
in the Notice of Annual and Special Meeting of Shareholders and
Information Circular dated March 22, 2013 (the "Circular").  
1. Election of Directors  
By resolution passed via ballot, the following nine nominees were
appointed as Directors of the Corporation to serve until the next
annual meeting of shareholders of the Corporation, or until their
successors are elected or appointed. The results of the ballot were
as follows: 


 
Name of Nominee                Votes For   Percent  Votes Withheld   Percent
----------------------------------------------------------------------------
Keith A. MacPhail            125,135,606     99.37         788,539      0.63
Ronald J. Poelzer            124,735,369     99.06       1,188,776      0.94
Ian S. Brown                 123,520,294     98.09       2,403,851      1.91
Michael M. Kanovsky          116,196,082     92.27       9,728,063      7.73
Harry L. Knutson             116,953,452     92.88       8,970,693      7.12
Margaret A. Mckenzie         125,628,964     99.77         295,181      0.23
Jason E. Skehar              125,643,267     99.78         280,878      0.22
Christopher P. Slubicki      116,852,451     92.80       9,071,694      7.20
Walter C. Yeates             125,627,906     99.76         296,239      0.24

 
2. Appointment of Auditors  
By resolution passed via ballot, KPMG LLP, Chartered Accountants,
were appointed as auditors of the Corporation to hold office until
close of the next annual meeting or until their successors are duly
appointed, and the directors were authorized to fix their
remuneration. The results of the ballot were as follows: 


 
                               Votes For   Percent  Votes Withheld   Percent
                         ---------------------------------------------------
                             126,896,081     99.74         330,192      0.26

 
3
. 2013 Incentive Award Plan  
By resolution passed via ballot, the 2013 incentive award plan of the
Corporation as described in the Circular was approved. The results of
the ballot were as follows: 


 
                               Votes For   Percent  Votes Withheld   Percent
                         ---------------------------------------------------
                              95,811,574     76.09      30,111,243     23.91

 
4. Stock Option Plan Amendments  
By resolution passed via ballot, certain amendments to the
Corporation's stock option plan, including the conversion of the
stock option plan from a rolling plan to a fixed plan, as described
in the Circular were approved. The results of the ballot were as
follows: 


 
                               Votes For   Percent  Votes Withheld   Percent
                         ---------------------------------------------------
                              98,465,718     78.20      27,457,099     21.80

 
Bonavista is a mid-sized energy corporation committed to maintaining
its emphasis on operating high quality oil and natural gas
properties, providing moderate growth and delivering consistent
dividends to its shareholders and ensuring financial strength and
sustainability.
Contacts:
Keith A. MacPhail
Executive Chairman
(403) 213-4300 
Jason E. Skehar
President & CEO
(403) 213-4300 
Glenn A. Hamilton
Senior Vice President & CFO
(403) 213-4300 
Bonavista Energy Corporation
1500, 525 - 8th Avenue SW
Calgary, AB T2P 1G1
www.bonavistaenergy.com
 
 
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