KDKN Stock: Kodiak Energy, Inc. Reports Annual Meeting Voting Results
CALGARY, ALBERTA -- (Marketwire) -- 12/18/08 -- Kodiak Energy, Inc.
(TSX VENTURE: KDK) (OTCBB: KDKN stock) ("Kodiak" or the "Corporation")
reports the voting results of our annual and special meeting of
stockholders ("meeting"). The meeting was held on Wednesday, December
3rd, 2008 in Calgary, Alberta, Canada. We report these results
voluntarily as a Toronto Venture Exchange (TSX-V) issuer and are not
required to do so under Section 11.3 of the Canadian National
Instrument 51-102, Continuous Disclosure Obligations.
The items of business stockholders voted on were:
1. Elected five directors who are William S. Tighe, Peter Scriber,
Marvin Jones, Glenn Watt, and Les Owens. The directors will serve on
our Board for terms expiring at the 2009 annual meeting of stockholders
and until their successors are elected and qualified.
2. Approved amendments to our Stock Option Plan. These amendments
were recommended by the TSX-V to comply with our successful listing in
December 2007.
3. Approved the appointment of Meyers Norris Penny LLP as our
independent registered public accounting firm (referred to as
"independent auditor" in Canada) for the fiscal year ending December
31, 2008.
4. Approved the amendment to our Certificate of Incorporation to authorize 10,000,000 shares of preferred stock.
None of the matters considered at the meeting required the vote to
be conducted by ballot. Details of the four proposals are in our 2008
proxy statement filed on Edgar, Sedar and on our website. The notarized
voting tabulation will be posted by the end of this week on our
website.
About Kodiak Energy
A Calgary, Alberta, Canada based publicly
traded oil and gas exploration and development company focused on
creating a portfolio of North American assets that offer production
opportunities and asset growth through exploration. Kodiak has lease
holdings in Montana, south-eastern Alberta and high impact prospects
located in the central Mackenzie River Valley of the Northwest
Territories, in north-eastern British Columbia Canada and in
north-eastern New Mexico.
This press release contains forward-looking statements. The words or
phrases "would be," "will" "intends to," "will likely result," "are
expected to," "will continue," "is anticipated," "estimate," or similar
expressions are intended to identify "forward-looking statements". The
Corporation's business is subject to various other risks, which are
discussed in the Corporation's filings with the US Securities and
Exchange Commission and with Canadian securities commissions. The
Corporation's filings may be accessed at www.sec.gov or at www.sedar.com.
Statements made herein are as of the date of this press release and
should not be relied upon as of any subsequent date. The Corporation
cautions readers not to place reliance on such statements. Unless
otherwise required by applicable law, we do not undertake, and we
specifically disclaim any obligation, to update any forward-looking
statements to reflect occurrences, developments, unanticipated events
or circumstances after the date of such a statement.
