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Topaz Energy Corp

TOPAZ ENERGY CORP. ANNOUNCES RESULTS OF ITS ANNUAL MEETING OF SHAREHOLDERS

CALGARY, AB , May 6, 2025 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that its shareholders approved all resolutions at the annual meeting of shareholders of the Company held on May 6, 2025 (the "Meeting").  A report of voting results will be available on SEDAR+ at www.sedarplus.ca. 

The resolution to appoint the eight (8) nominees as directors of the Company was passed on a vote by poll and each of the directors received the following votes for their election:    

Nominee

Votes For

% For

Votes Withheld

% Withheld

  Michael L. Rose

104,825,255

93.47

7,320,094

6.53

  Marty Staples

111,167,792

99.13

977,557

0.87

  Tanya Causgrove

111,990,007

99.86

155,342

0.14

  Jim Davidson

111,975,430

99.85

169,919

0.15

  John Gordon

103,424,604

92.22

8,720,745

7.78

  Darlene Harris

79,463,491

70.86

32,681,858

29.14

  Steve Larke

104,934,051

93.57

7,211,298

6.43

  Brian G. Robinson

104,474,855

93.16

7,670,494

6.84

The resolution to appoint KPMG LLP as the Company's auditors was approved with 112,420,335 (99.94%) of the shares represented at the Meeting voting in favour of the resolution.

The non-binding advisory resolution to accept the Company's approach to executive compensation was voted for with 89,211,374 (79.55%) of the shares represented at the Meeting voting in favour of the resolution.

ABOUT THE COMPANY

Topaz is a unique royalty and infrastructure energy company focused on generating free cash flow growth and paying reliable and sustainable dividends to its shareholders, through its strategic relationship with Canada's largest and most active natural gas producer, Tourmaline Oil Corp. ("Tourmaline"), an investment-grade senior Canadian E&P company, and leveraging industry relationships to execute complementary acquisitions from other high-quality energy companies. Topaz focuses on top-quartile energy resources and assets best positioned to attract capital in order to generate sustainable long-term growth and profitability.

Topaz's common shares are listed and posted for trading on the TSX under the trading symbol "TPZ" and it is included in the S&P/TSX Composite Index. This is the headline index for Canada and is the principal benchmark measure for the Canadian equity markets, represented by the largest companies on the TSX.

Additional information

Additional information about Topaz, including the Financial Statements and MD&A as at and for the three months ended March 31, 2025 are available on SEDAR+ at www.sedarplus.ca under the Company's profile, and on Topaz's website at www.topazenergy.ca.

SOURCE Topaz Energy Corp