News Column

United Hunter Oil and Gas Corp. Announces Results of Annual and Special Meeting of Shareholders

July 25, 2014



By a News Reporter-Staff News Editor at Energy Weekly News -- United Hunter Oil and Gas Corp. (TSX VENTURE:UHO) ("UHO"). United Hunter Oil and Gas Corp. (the "Company"), announces that the four director nominees listed in the Company's management information circular dated May 26, 2014 were elected at the annual general meeting of shareholders held June 30, 2014; Timothy J. Turner, Edward Banaszek, Christian Shomber and Jeff Ratcliffe. The Company welcomes Edward Banaszek to the board of directors as a new addition; Mr. Banaszek's brings 33 years of experience in domestic and international oil and gas industry to the Company and will be a great asset as the Company continues to develop its prospects.

Shareholders also appointed Saturna Group Chartered Accountants LLP as the new auditor of the Company and re-approved the Company's Stock Option Plan.

In addition, shareholders also approved the consolidation of the Company's common shares on the basis of 1 new common share for 10 old common shares. As a result of consolidation total shares outstanding will be reduced from 120,302,727 to 12,030,277. Management believes implementing the consolidation will facilitate raising capital for operations and working capital. The consolidation is subject to TSX Venture Exchange approval.

Keywords for this news article include: Energy, Oil & Gas, Utilities, Oil And Gas.

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Source: Energy Weekly News


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