Source: ShaMaran Petroleum Corp.
  • ShaMaran Petroleum’s Annual General Meeting was held in Vancouver
  • Shareholders received the consolidated audited financial statements for the year ended December 31, 2020 
  • All resolutions put forward at the AGM were approved
  • ShaMaran is a Canadian oil and gas company 
  • ShaMaran Petroleum Corp. (SNM) opened trading at C$0.055 per share

ShaMaran Petroleum (SNM) is pleased to share results from its Annual General Meeting held yesterday in Vancouver.

Shareholders received the consolidated audited financial statements for the year ended December 31, 2020 and approved all of the resolutions put forward at the meeting.

Resolutions:

  1. PricewaterhouseCoopers SA, has been appointed as auditor of the company for the year and authorized the directors to fix their remuneration
  2. Fixed the number of directors at five
  3. Elected Chris Bruijnzeels, Adel Chaouch, Michael Ebsary, Keith C. Hill and William A.W. Lundin as directors for the ensuing year
  4. Approved the company’s incentive stock option plan

The Board of Directors re-appointed the officers of the company.

President & CEOAdel Chaouch
Chief Commercial Officer & Corporate SecretaryAlex C. Lengyel
Assistant Corporate SecretarySuzanne Ferguson

ShaMaran Petroleum Corp. (SNM) is a Canadian oil-producing company.

ShaMaran Petroleum Corp. (SNM) opened trading at C$0.055 per share.

More From The Market Online
uranium market update

Fueling the Future: This week’s uranium market activity

In this segment, The Market Online dives into weekly trends in the uranium space that has generated intrigue over a weekly period. 
E3 Lithium - E3 Lithium field pilot plant on August 28, 2023.

Canadian lithium and oil companies advance collaboration agreement

E3 Lithium (TSXV:ETL) updates its agreement with Imperial Oil (TSX:IMO) to advance lithium extraction in Alberta.