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LONDON - Nostra Terra Oil & Gas Company Plc (AIM:NTOG) announced that shareholders approved all six resolutions presented at its Annual General Meeting held Friday.
The Texas-focused oil and gas exploration and production company reported that the first resolution passed with nearly unanimous support at 99.99%. The remaining five resolutions received approval rates ranging from 87.76% to 96.63%.
Resolution 5 and Resolution 6 received the lowest approval rates at 87.76% each, with approximately 12.24% of votes cast against them.
Resolution 2 received 93.78% support, Resolution 3 secured 93.96% approval, and Resolution 4 passed with 96.63% of votes in favor.
The company did not provide details about the specific content of each resolution in its press release statement.
Nostra Terra maintains a portfolio of development and production assets in Texas, USA. The company is listed on London’s AIM market.
The announcement was classified as inside information under Article 7 of the Market Abuse Regulation, which forms part of UK Domestic Law following the European Union Withdrawal Act 2018.
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