Athabasca Oil Corporation (TSE:ATH) has released an update.
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Athabasca Oil Corporation announced that all resolutions proposed at its 2024 Annual Shareholder Meeting were approved, including the election of eight directors, the appointment of Ernst & Young LLP as auditors, and the ratification of the shareholder rights plan and omnibus incentive plan. The Canadian energy company, which focuses on the development of thermal and light oil assets, confirmed the strong backing for its board nominees and plans, signaling shareholder confidence.
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