Bengal Energy Announces Filing of Information Circular - Proxy Statement for Annual General Meeting and Additional Board of Director Changes
Bengal Energy (TSX: BNG) has filed its information circular and related materials for the upcoming Annual General Meeting on September 19, 2024. The company announced changes to its Board of Directors:
1. Peter Lansom will not seek re-election and will retire from the Board at the meeting.
2. As previously announced, Robert Steele will also retire from the Board.
3. R. Neal Grant, based in Adelaide, Australia, has been nominated for election to the Board. Mr. Grant brings over 40 years of experience in engineering, financial management, and operational roles, including work in the Cooper Basin and Western Canadian CO2 projects.
The company emphasized Mr. Grant's extensive background and its potential value to Bengal's strategic direction and growth.
Bengal Energy (TSX: BNG) ha presentato il suo circolare informativa e i materiali correlati per la prossima Assemblea Generale Annuale che si terrà il 19 settembre 2024. La società ha annunciato cambiamenti nel suo Consiglio di Amministrazione:
1. Peter Lansom non si ricandiderà e si ritirerà dal Consiglio durante l'incontro.
2. Come precedentemente annunciato, Robert Steele si ritirerà anch'esso dal Consiglio.
3. R. Neal Grant, con sede ad Adelaide, Australia, è stato nominato per la elezione nel Consiglio. Il Sig. Grant porta con sé oltre 40 anni di esperienza in ingegneria, gestione finanziaria e ruoli operativi, inclusi lavori nei progetti del Cooper Basin e del CO2 canadese occidentale.
La società ha sottolineato l'ampio background del Sig. Grant e il suo potenziale valore per la direzione strategica e la crescita di Bengal.
Bengal Energy (TSX: BNG) ha presentado su circular informativa y los materiales relacionados para la próxima Junta General Anual que se llevará a cabo el 19 de septiembre de 2024. La empresa anunció cambios en su Junta Directiva:
1. Peter Lansom no buscará la reelección y se retirará de la Junta durante la reunión.
2. Como se anunció anteriormente, Robert Steele también se retirará de la Junta.
3. R. Neal Grant, con sede en Adelaida, Australia, ha sido nominado para ser elegido en la Junta. El Sr. Grant aporta más de 40 años de experiencia en ingeniería, gestión financiera y roles operativos, incluyendo trabajo en la Cuenca Cooper y proyectos de CO2 en Canadá Occidental.
La empresa destacó el amplio historial del Sr. Grant y su posible valor para la dirección estratégica y el crecimiento de Bengal.
벵골 에너지 (TSX: BNG)는 2024년 9월 19일에 열릴 예정인 연례 총회에 대한 정보 순환문과 관련 자료를 제출했습니다. 회사는 이사회 구성에 대한 변화를 발표했습니다:
1. Peter Lansom은 재선거를 원하지 않으며 회의에서 이사회에서 은퇴할 것입니다.
2. 이전에 발표된 바와 같이, Robert Steele도 이사회에서 은퇴할 것입니다.
3. 호주 애들레이드에 거주하는 R. Neal Grant가 이사회 선거에 지명되었습니다. Grant 씨는 40년 이상의 엔지니어링, 재무 관리 및 운영 역할의 경험을 보유하고 있으며, 쿠퍼 분지 및 서부 캐나다의 CO2 프로젝트에서 일한 경력이 있습니다.
회사는 Grant 씨의 광범위한 배경과 그것이 벵골의 전략적 방향과 성장에 대한 잠재적인 가치를 강조했습니다.
Bengal Energy (TSX: BNG) a déposé son circulaire d'information et les documents connexes pour la prochaine Assemblée Générale Annuelle qui se tiendra le 19 septembre 2024. L'entreprise a annoncé des changements au sein de son Conseil d'Administration :
1. Peter Lansom ne se représentera pas et prendra sa retraite du Conseil lors de la réunion.
2. Comme annoncé précédemment, Robert Steele prendra également sa retraite du Conseil.
3. R. Neal Grant, basé à Adélaïde, en Australie, a été nommé pour être élu au Conseil. M. Grant apporte plus de 40 ans d'expérience en ingénierie, gestion financière et fonctions opérationnelles, y compris des travaux dans le bassin de Cooper et dans des projets de CO2 canadien occidental.
L'entreprise a souligné le vaste parcours de M. Grant et sa valeur potentielle pour la direction stratégique et la croissance de Bengal.
Bengal Energy (TSX: BNG) hat seinen Informationskreis und die zugehörigen Materialien für die bevorstehende Hauptversammlung am 19. September 2024 eingereicht. Das Unternehmen kündigte Änderungen in seinem Vorstand an:
1. Peter Lansom wird sich nicht zur Wiederwahl stellen und wird bei der Sitzung aus dem Vorstand ausscheiden.
2. Wie zuvor angekündigt, wird auch Robert Steele aus dem Vorstand ausscheiden.
3. R. Neal Grant, mit Sitz in Adelaide, Australien, wurde zur Wahl in den Vorstand nominiert. Herr Grant bringt über 40 Jahre Erfahrung in den Bereichen Ingenieurwesen, Finanzmanagement und operative Tätigkeiten mit, einschließlich Arbeiten im Cooper Basin und in westkanadischen CO2-Projekten.
Das Unternehmen betonte den umfangreichen Hintergrund von Herrn Grant und seinen potenziellen Wert für die strategische Ausrichtung und das Wachstum von Bengal.
- Nomination of R. Neal Grant to the Board, bringing 40+ years of relevant industry experience
- Grant's expertise in Cooper Basin and Western Canadian operations aligns with Bengal's assets
- Two current Board members, Peter Lansom and Robert Steele, are retiring
Calgary, Alberta--(Newsfile Corp. - August 22, 2024) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") announces that it has filed the information circular - proxy statement (the "Information Circular") and related meeting and proxy materials (together with the Information Circular, the "Meeting Materials") in relation to its Annual General Meeting of shareholders (the "Meeting") and announces an additional upcoming change to the board of directors (the "Board").
As previously announced, Bengal will hold the Meeting on Thursday, September 19, 2024, at 3:00 p.m. (Calgary time) at 640, 630 6th Avenue S.W., Calgary, Alberta. Shareholders and guests can listen to the Meeting via teleconference a link will be available on the Company's website prior to the Meeting. Shareholders and proxyholders will not be able to vote their common shares of the Company via teleconference. We encourage all shareholders to submit their proxies in advance of the Meeting. Copies of the Meeting Materials are available on Bengal's SEDAR+ profile at www.sedarplus.ca.
Board of Directors Renewal
Bengal announces that Mr. Peter Lansom has informed the Company of his decision not to stand for re-election as a director at the upcoming Meeting and will retire from the Board effective at that time. Mr. Lansom, who joined the Board on September 28, 2021, has been a valued director of Bengal over the past few years.
Chayan Chakrabarty, President and Chief Executive Officer of Bengal stated: "I consider myself very fortunate to have worked with Mr. Lansom over the past two years and to have benefited greatly from his guidance and expertise. On behalf of Bengal's Board of Directors, management, employees, and stakeholders, I extend our heartfelt thanks to Mr. Lansom for his dedicated service and significant contributions. We wish him all the best in his future endeavors."
As previously announced, Mr. Robert Steele will also not stand for re-election as a director at the Meeting and will retire as a member of the Board at the Meeting.
Bengal is pleased to announce the nomination of Mr. R. Neal Grant, based in Adelaide, Australia, for election to the Board at the Meeting. Mr. Grant holds an Engineering degree and an MBA from the University of Calgary and brings over 40 years of experience to the role. His career has included significant roles in various technical and operational capacities, including work with other producers in the Cooper Basin and involvement with a Western Canadian CO2 project.
His extensive background in engineering and financial management, coupled with hands-on experience in leadership, auditing, and compliance, makes him exceptionally well-suited for the Board.
Chayan Chakrabarty further commented: "We are thrilled to welcome Mr. Grant to our Board. His extensive experience in the Cooper Basin and the Western Canadian Sedimentary Basin, combined with his strong technical and operational expertise and industry contacts, will bring invaluable business insights to Bengal. We look forward to the significant contributions he will make to our strategic direction and growth."
Since May 2023, Mr. Grant has been an independent businessman. Prior to this, he served as General Manager of Todd Energy Canada Ltd. from July 2017. He has also held senior positions, including Chief Financial Officer for two private companies and General Director and COO at Samotlor Services, where he developed substantial expertise in financial audits, compliance, and internal controls.
About Bengal
Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company is committed to growing shareholder value through international exploration, production and acquisitions. Bengal's common shares trade on the TSX under the symbol "BNG". Additional information is available at www.bengalenergy.ca.
CAUTIONARY STATEMENTS:
Forward-Looking Statements
This news release contains certain forward-looking statements or information ("forward-looking statements") as defined by applicable securities laws that involve substantial known and unknown risks and uncertainties, many of which are beyond Bengal's control. These statements relate to future events or our future performance. All statements other than statements of historical fact may be forward-looking statements. The use of any of the words "plan", "expect", "future", "project", "intend", "believe", "should", "would," "anticipate", "estimate", "advance", "continue", "new", "develop" or other similar words or statements that certain events "may" or "will" occur are intended to identify forward-looking statements. In particular, forward-looking statements contained herein include, but are not limited to, statements regarding: the anticipated board changes; and expectations regarding the timing, format and location of the Meeting.
The projections, estimates and beliefs contained in such forward-looking statements are based on management's estimates, opinions, and assumptions at the time the statements were made, including assumptions relating to the ability to hold the Meeting on the expected timing, in the planned location and in the anticipated format; that the date of the Meeting doesn't change; and the anticipated changes to the Board and the expected benefits to be derived therefrom. We believe the expectations reflected in those forward-looking statements are reasonable but, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits Bengal will derive from them. As such, undue reliance should not be placed on forward-looking statements.
Forward-looking statements are subject to numerous factors, many of which are beyond the Company's control, including that the Meeting date could be postponed or changed; that the location, timing and format of the Meeting may change; that the anticipated timing of the Board changes are different than as set forth herein; and the risk factors disclosed previously and from time to time in the Company's filings available under its SEDAR+ profile at sedarplus.ca. The forward-looking statements contained in this news release speak only as of the date hereof and Bengal does not assume any obligation to publicly update or revise them to reflect new events or circumstances, except as may be require pursuant to applicable securities laws.
FOR FURTHER INFORMATION PLEASE CONTACT:
Bengal Energy Ltd.
Chayan Chakrabarty, President & Chief Executive Officer
(403) 205-2526
Jerrad Blanchard, Chief Financial Officer
(403) 205-2526
Email: investor.relations@bengalenergy.ca
Website: www.bengalenergy.ca
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220858
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