IPOOF - InPlay Oil Corp. Announces Annual Meeting Voting Results for Election of Directors and Extension of Annual Borrowing Base Redetermination
CALGARY, Alberta, June 30, 2020 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Corporation") announces the voting results for the election of directors at its annual meeting of shareholders held on June 25, 2020 (the "Meeting"). The following six nominees were elected as directors of InPlay to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with common shares represented at the Meeting voting in favor of individual nominees as follows:
| Director |
| Percentage Approval |
| Percentage Withheld |
| Douglas J. Bartole |
| 99.49% |
| 0.51% |
| Jackie Bentley |
| 99.56% |
| 0.44% |
| Craig Golinowski |
| 99.48% |
| 0.52% |
| Dennis L. Nerland |
| 98.18% |
| 1.82% |
| Stephen C. Nikiforuk |
| 98.14% |
| 1.86% |
| Dale O. Shwed |
| 99.46% |
| 0.54% |
For complete voting results, please see our Report of Voting Results which is available through SEDAR at www.sedar.com.
InPlay and our banking syndicate have agreed to extend the completion of the annual borrowing base redetermination from June 30, 2020 to July 14, 2020.
InPlay is based in Calgary, Alberta and the common shares of InPlay are traded on The Toronto Stock Exchange under the trading symbol "IPO" and on the OTCQX under the symbol “IPOOF”. For further information about the Corporation, please visit our website at www.inplayoil.com.
For further information please contact:
| Doug Bartole President and Chief Executive Officer InPlay Oil Corp. Telephone: (587) 955-0632 |
| Darren Dittmer Chief Financial Officer InPlay Oil Corp. Telephone: (587) 955-0634 |