23.06.2020 22:00:00

CES Energy Solutions Corp. Announces Voting Results of the Election of Directors


TORONTO, June 23, 2020 /CNW/ - CES Energy Solutions Corp.  ("CES" or the "Company") (TSX: CEU and OTC - Nasdaq Intl: CESDF) is pleased to announce the results of the matters to be voted on at the annual general and special meeting of shareholders held on June 23, 2020 (the "Meeting").  Based on the proxies received and on a ballot conducted at the Meeting, the following individuals, being the six nominees listed in the management information circular of the Company dated May 14, 2020 (the "Circular"), were elected as directors of the Company until the next annual shareholders' meeting:

CES Energy Solutions Corp. (CNW Group/CES Energy Solutions Corp.)

Name of Nominee

Votes cast FOR

% of votes cast
FOR

Votes cast
WITHHELD

% of votes cast
WITHHELD

Spencer D. Armour, III

201,523,389

99.92%

170,705

0.08%

Stella Cosby

197,012,841

97.68%

4,681,253

2.32%

John M. Hooks

190,964,493

94.68%

10,729,601

5.32%

Kyle D. Kitagawa

199,438,050

98.88%

2,256,044

1.12%

Philip J. Scherman

201,503,847

99.91%

190,247

0.09%

Thomas J. Simons

201,589,809

99.95%

104,285

0.05%

All other resolutions provided for in the Circular were duly passed and a report on the voting results has been filed today at www.sedar.com.

About CES Energy Solutions Corp.

CES is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CES' business model is relatively asset light and requires limited re-investment capital to grow. As a result, CES has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow.

Additional information about CES is available at www.sedar.com or on the Company's website at www.cesenergysolutions.com.

THE TORONTOSTOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE CES Energy Solutions Corp.

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