Pulse Seismic Inc. Announces Voting Results at Shareholders’ Annual Meeting

Rhea-AI Summary

Pulse Seismic Inc. announced the voting results from its annual meeting, with all nominee directors being elected. The 'Say on Pay' shareholder advisory vote on executive compensation received 99.79% approval. Pulse is a leader in seismic data acquisition and licensing in western Canada.

CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) -- Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) announced today the voting results from its annual meeting held in Calgary, Alberta on April 25, 2024. Each of the nominee directors listed in the Company’s management proxy circular dated March 15, 2024, was elected as a director, with a vote being conducted by ballot:

Name of Nominee	Votes For	%	Votes Against	%
Neal Coleman	29,873,816	99.88	35,830	0.12
Paul Crilly	29,879,189	99.90	30,457	0.10
Dallas Droppo	29,841,142	99.77	68,504	0.23
Robert Robotti	29,867,406	99.86	42,240	0.14
Patrick Ward	29,878,696	99.90	30,950	0.10
Melanie Westergaard	29,803,091	99.64	106,555	0.36

The “Say on Pay” shareholder advisory vote on Pulse’s approach to executive compensation was approved by 99.79% of the votes cast.

The report on voting for the meeting will be available at www.sedar.com and on the Company’s website at www.pulseseismic.com.

CORPORATE PROFILE

Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector. Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic. The library extensively covers the Western Canada Sedimentary Basin where most of Canada’s oil and natural gas exploration and development occur.

For further information, please contact:
Neal Coleman, President and CEO
Or
Pamela Wicks, Vice President Finance and CFO

Tel.: (403) 237-5559
Toll-free: 1-877-460-5559
E-mail: info@pulseseismic.com.
Please visit our website at www.pulseseismic.com.

PDF available: http://ml.globenewswire.com/Resource/Download/81a69130-9dcc-4eb5-8066-37c40e0ab844

FAQ

Who announced the voting results at the annual meeting?

Pulse Seismic Inc. announced the voting results at its annual meeting.

When was the annual meeting held?

The annual meeting was held on April 25, 2024.

Which company owns the largest licensable seismic data library in Canada?

Pulse Seismic Inc. owns the largest licensable seismic data library in Canada.

What percentage of votes were in favor of the 'Say on Pay' shareholder advisory vote on executive compensation?

99.79% of the votes cast were in favor of the 'Say on Pay' shareholder advisory vote on executive compensation.

Where can the report on voting for the meeting be found?

The report on voting for the meeting will be available at www.sedar.com and on Pulse Seismic Inc.'s website at www.pulseseismic.com.