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FOR: NUVISTA ENERGY LTD.

TSX SYMBOL: NVA - |  View Quote |  View Chart |  View Financials | 

NuVista Energy Ltd.: Report on Voting From the 2015 Shareholders Meeting

May 11, 2015 - 20:55 ET

CALGARY, ALBERTA--(Marketwired - May 11, 2015) - NuVista Energy Ltd. ("NuVista" or the "Corporation") (TSX:NVA) announces that the following matters were approved at the annual and special meeting of the shareholders of NuVista held on May 11, 2015 in Calgary, Alberta. Each of the matters is described in greater detail in the Notice of Annual and Special Meeting of Shareholders and Information Circular dated March 31, 2015 (the "Circular").

1. Fixing the Number of Directors

By resolution passed via ballot, the number of directors to be elected at the meeting was fixed at nine members. The results of the ballot were as follows:

Votes For Percent Votes
Against

Percent
118,021,974 99.53 % 554,624 0.47 %

2. Election of Directors

By resolution passed via ballot, the following nine nominees were appointed as directors of the Corporation to serve until the next annual meeting of shareholders of the Corporation, or until their successors are elected or appointed. The results of the ballot were as follows:

Name of Nominee Votes For Percent Votes Withheld
Percent
W. Peter Comber 117,528,885 99.26 % 876,263 0.74 %
Ronald J. Eckhardt 118,352,097 99.96 % 53,051 0.04 %
Pentti O. Karkkainen 117,538,044 99.27 % 867,104 0.73 %
Keith A. MacPhail 117,444,320 99.19 % 960,828 0.81 %
Ronald J. Poelzer 117,806,417 99.49 % 598,731 0.51 %
Brian G. Shaw 118,312,097 99.92 % 93,051 0.08 %
Sheldon B. Steeves 118,116,124 99.76 % 289,024 0.24 %
Jonathan A. Wright 117,847,774 99.53 % 557,374 0.47 %
Grant A. Zawalsky 108,156,887 91.34 % 10,248,261 8.66 %

3. Appointment of Auditors

By resolution passed via ballot, KPMG LLP, Chartered Accountants, were appointed as auditors of the Corporation to hold office until close of the next annual meeting or until their successors are duly appointed, and the directors were authorized to fix their remuneration. The results of the ballot were as follows:

Votes For Percent Votes
Withheld

Percent
118,138,542 99.63 % 438,089 0.37 %

4. Approval of Amendments to Restricted Share Award Plan

By ordinary resolution passed via ballot, certain amendments to the Corporation's restricted share award plan and the ratification of a previous grant of 65,213 restricted share awards in excess of the current plan limit in the form set forth on page 11 of Circular was passed. The results of the ballot were as follows:

Votes For Percent Votes
Withheld

Percent
107,671,695 90.93 % 10,733,453 9.07 %

5. Approval of Amendment to Articles

By special resolution passed via ballot, an amendment to the articles of the Corporation to remove the performance shares from the authorized share capital in the form set forth on page 12 of the Circular was passed. The results of the ballot were as follows:

Votes For Percent Votes
Withheld

Percent
118,253,288 99.87 % 151,893 0.13 %

INVESTOR INFORMATION

NuVista is an independent Canadian oil and natural gas exploration, development and production corporation with its Common Shares trading on the Toronto Stock Exchange under the symbol "NVA".



FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan Wright
President and CEO
(403) 538-8501

Ross Andreachuk
VP, Finance and CFO
(403) 538-8539