CANADA ENERGY PARTNERS ANNOUNCES RESULTS OF AGM MATTERS
October 29, 2009
Canada Energy Partners Inc. (“Canada Energy” or the “Company”) (TSX VENTURE: CE) is pleased to announce that, in conjunction with the holding of the Company’s annual and special general meeting of shareholders on October 28, 2009 (the “AGM”), the following matters were ratified by the Company’s shareholders and have now been implemented by the Board of Directors in the following manner:
Messrs. Benjamin Jones, John Proust, Kyle R. Burnett, John R. Howard Jr., and Pat S. Bolin were elected to the Board of Directors of the Company;
the following Executive Officers of the Company were appointed by the Board of Directors immediately following the AGM:
John Proust: Chairman;
Benjamin Jones: President and Chief Executive Officer;
Eduard Epshtein: Chief Financial Officer; and
Eileen Au: Corporate Secretary; and
the Company’s shareholders ratified the Company’s Stock Option Plan (the “Plan”) to grant up to 10% of the number of shares outstanding from time to time as previously filed with the TSX Venture Exchange.
On behalf of the Board of Directors of
Canada Energy Partners Inc.
CANADA ENERGY PARTNERS INC.
1500 – 885 West Georgia St.
Vancouver, BC V6C 3E8
Main Phone: (604) 909-1154
Facsimile: (604) 488-0319
Attention: John Proust, Chairman
Direct Phone: (604) 696-9020
Attention: Ben Jones, Chief Executive Officer
Direct Phone: (225) 928-9980
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved or disapproved of the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.