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Calgary, Alberta--(Newsfile Corp. - June 18, 2025) - Criterium Energy Ltd. (TSXV: CEQ) ("Criterium" or the "Company"), an independent upstream energy development and production company focused on energizing growth for Southeast Asia today announced the results of its Annual General Meeting of Shareholders, which took place on June 17, 2025. These results and the Management Presentation provided are also available on the Company's website: Criterium Energy.
"On behalf of the Board of Directors and Management team, we extend our sincere appreciation to our dedicated and engaged shareholder base, which has grown with us over the past three years," said Matthew Klukas, President and CEO of Criterium. "Your continued involvement reflects strong support for our strategy of delivering results and driving growth across our Southeast Asian portfolio, as well as a shared understanding of the significant opportunities ahead in the region. We look forward to the year ahead with confidence and optimism, particularly as we advance our gas developments in the Tungkal PSC and actively progress the Southeast Mengoepeh gas field to first production in early 2026."
Results of the shareholder votes on all matters to be considered are as follows;
Election of Directors
| Director | For | Withheld |
| Datuk Brian Anderson | 15,277,652 (98.85%) | 177,700 (1.15%) |
| David Dunlop | 14,995,252 (97.02%) | 460,100 (2.98%) |
| Matthew Klukas | 14,995,252 (97.02%) | 460,100 (2.98%) |
| Michéle Stanners | 14,995,252 (97.02%) | 460,100 (2.98%) |
Appointment of Auditors
The re-approval of EY Canada LLP as the Company's auditors for the year 2025 was approved with 95.90% of the votes cast.
Approval of Share Awards Plan
| Award Plan | For | Against |
| Stock Option Plan | 14,978,919 (96.92%) | 476,433 (3.08%) |
| Share Award Incentive Plan | 14,954,919 (96.76%) | 500,433 (3.24%) |
Stay Connected to Criterium
Shareholders and other interested parties who would like to learn more about the Criterium opportunity are encouraged to visit the Company's website, review a recent corporate presentation, and follow the Company on X (formerly Twitter) and LinkedIn for ongoing corporate updates and relevant international oil and gas industry information.
For further information please visit our website (www.criteriumenergy.com) or contact:
| Matthew Klukas President and Chief Executive Officer Criterium Energy Ltd. Email: [email protected] Phone: +1-403-668-1630 | Andrew Spitzer Chief Financial Officer Criterium Energy Ltd. Email: [email protected] Phone: +1-403-668-1630 |
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256102
