Sintana Energy Inc. has announced that all resolutions proposed at its Annual and Special Meeting of Shareholders held on August 6, 2026, were approved. The meeting took place at 17 State Street, 4th Floor, New York, NY, USA, highlighting the support from shareholders as the company moves forward.
As of the record date for the meeting, Sintana reported a total of 560,432,493 common shares outstanding, with no shares held in treasury. This results in a total of 560,432,493 voting rights. It is important to note that votes withheld were not included in the official tally for the resolutions.
Despite the successful passage of all resolutions, there was a notable minority of shareholders who opposed the approval of the New Equity Compensation Plan. In response, the Board indicated it would engage with shareholders following the guidelines set by the QCA Corporate Governance Code to address their concerns and reassess its approach regarding this matter.
Following the AGM, CEO Robert Bose and President Eytan Uliel presented a management update on the company’s future prospects. They expressed optimism about the next 12 months, highlighting multiple high-impact projects set to unfold across Sintana's portfolio, which spans regions in Namibia, Uruguay, and Angola, as well as legacy assets in Colombia and The Bahamas.
All resolutions put to shareholders at Sintana Energy Inc.'s AGM were duly passed. The meeting saw shares of the company amounting to 560,432,493 common shares issued and outstanding, which translates to the same number of total voting rights. Notably, a significant minority opposed Resolution 3 regarding the New Equity Compensation Plan.
As of the record date on 6 August 2026, there were 560,432,493 common shares of Sintana Energy Inc. issued and outstanding, with no shares held in treasury.
Votes withheld are not counted in the legal framework for calculating the proportion of votes for and against each resolution. This means they do not influence the outcome of the resolutions.
Yes, while all resolutions, including the New Equity Compensation Plan, were passed, a significant minority of shareholders expressed opposition to this particular resolution. The Board intends to engage with shareholders on this matter going forward.
Sintana Energy focuses on the Atlantic Margin, holding a diverse portfolio of assets in the emerging frontier geographies of Namibia, Uruguay, and Angola, along with legacy assets in Colombia and The Bahamas.
Sintana Energy is listed on the TSX Venture Exchange in Canada under the symbol "SEI", on the London Stock Exchange AIM under the same symbol "SEI", and in the United States on the OTCQX under the symbol "SEUSF".
The Management Update presentation provided by CEO Robert Bose and President Eytan Uliel is available on the company's website at www.sintanaenergy.com, as well as on the Investor Meet Company platform.
The company anticipates a busy year ahead with multiple high-impact catalysts expected across its portfolio, according to statements made by the CEO.