Trinidad Drilling Ltd. reports voting results of the annual general and special meeting of shareholders /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TSX SYMBOL: TDG CALGARY, May 8, 2014 /CNW/ - In respect of the annual general and special meeting of shareholders of Trinidad Drilling Ltd. ("Trinidad") held on May 8, 2014 (the "Meeting"), the following sets forth a brief description of the matters which were voted upon at such Meeting and the outcome of the voting on each matter: Outcome of Vote 1. The fixing of the number of directors of Trinidad to Approved be elected at the meeting at seven (7) 2. The election of the following seven individuals to serve as directors of Trinidad until the date of the next annual meeting of shareholders or until their successors are duly elected or appointed: Director For Withheld Michael E. Heier 99.32% 0.68% Approved Brian Bentz 98.65% 1.35% Approved Jim Brown 99.29% 0.71% Approved Brian Burden 98.67% 1.33% Approved David Halford 99.54% 0.46% Approved Kenneth Stickland 98.11% 1.89% Approved Lyle Whitmarsh 99.83% 0.17% Approved 3. The appointment of PricewaterhouseCoopers LLP, Approved Chartered Accountants, as the auditors of Trinidad until the next annual meeting of shareholders or until a successor is appointed and that the directors of Trinidad be authorized to fix their remuneration 4. The ordinary resolution to approve all unallocated Approved incentive stock options ("Incentive Options") under Trinidad's incentive For: 80.13% option plan (the "Incentive Option Plan") Against: 19.87% 5. The ordinary resolution approving the Incentive Approved Option Plan together with certain amendments thereto, as more particularly described For: 83.61% in the information circular of Trinidad dated March 27, 2014 (the "Information Against: 16.39% Circular") 6. The ordinary resolution reconfirming the shareholder Approved rights plan of Trinidad together with certain amendments thereto and For: 95.07% approving the execution of an Amended and Restated Shareholder Rights Plan Against: 4.93% Agreement, as more particularly described in the Information Circular Trinidad is a corporation focused on sustainable growth that trades on the Toronto Stock Exchange under the symbol TDG. Trinidad's divisions operate in the drilling and barge-drilling sectors of the North American oil and natural gas industry with operations in Canada, the United States and Mexico. In addition, through a joint venture, Trinidad has the opportunity to operate drilling rigs in other international markets such as Saudi Arabia and Mexico. Trinidad is focused on providing modern, reliable, expertly designed equipment operated by well-trained and experienced personnel. Trinidad's drilling fleet is one of the most adaptable, technologically advanced and competitive in the industry. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the shares in any jurisdiction. The shares offered will not be and have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States or to a United States person, absent registration, or an applicable exemption therefrom. SOURCE Trinidad Drilling Ltd. Lisa Ottmann Vice President, Investor Relations (403) 294-4401 email:firstname.lastname@example.org To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/May2014/08/c7483.html CO: Trinidad Drilling Ltd. ST: Alberta NI: OIL 2575 WNEWS
Trinidad Drilling Ltd. reports voting results of the annual general and special meeting of shareholders
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