Canacol Energy shareholders elect new board members at annual meeting

Published 24/06/2025, 22:10
Canacol Energy shareholders elect new board members at annual meeting

CALGARY/BOGOTÁ - Canacol Energy Ltd. (TSX:CNE) (OTCQX:CNNEF) (BVC:CNEC), a $3.15 billion market cap natural gas company with a "GOOD" financial health rating according to InvestingPro, saw its shareholders elect seven directors to the board during the annual general and special meeting held Tuesday in Bogotá, Colombia.

According to a company press release, shareholders elected Charle Gamba, Michael Hibberd, Francisco Diaz, Gustavo Gattass, Valentina Garbarini, Silvestre Tovar Leopardi, and David Winter to serve on the board of directors.

The voting results showed strong support for most candidates, with Charle Gamba receiving the highest approval at 99.49% of votes cast. Valentina Garbarini and Silvestre Tovar Leopardi received lower approval rates at 60.09% and 58.08% respectively.

Shareholders also appointed PricewaterhouseCoopers LLP as the company’s auditors and approved unallocated awards under Canacol’s omnibus long-term incentive plan.

Canacol Energy is a natural gas exploration and production company with operations focused in Colombia. The company’s shares trade on the Toronto Stock Exchange, OTCQX in the United States, and the Colombia Stock Exchange.

The detailed voting results and additional information about the matters approved at the meeting are available in the Management Information Circular dated May 12, 2025, and the Report of Voting Results, both accessible through SEDAR+.

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