rampage: just found a report on the annual mtg-- company dry and formal version of the events. Will digest and comment later. Others with more knowledge of the people, I hope, will comment.
Westfort Energy Ltd.
7/6/99 - Annual Meeting Results
WESTFORT ENERGY LTD ("WT-T;WSFTF-L") - Annual Meeting Results
Whitney Pansano, President of Westfort Energy Ltd., symbol WT on the Toronto Stock Exchange, reported on the results of the Corporation's annual meeting held in Jackson, Mississippi at 10:00 a.m. Monday, June 28th, 1999.
Elected to the Board of Directors were:
Whitney J. Pansano- President & Chief Executive Officer
Melva Jean Williams- Exec VP, Chief Operating Officer & Sec-Treas.
James W. Owen- VP & Chief Financial Officer -Pres. of Trans Coastal
Resources
Harold Karges- Vice President and Chief Geologist
Eugene Gibbons- Partner of Gibbons, Gibbons & Buck, PC
Edward Goodliffe- President of Goodliffe Capital, Inc.
Mike Muzylowski- Pres. Callinan Mines Limited
Stuart W. Rogers- VP Finance Brimm Energy Corp
Represented at the meeting by proxy or in person were 36% of the voting shares of the corporation. All motions proposed by the corporation in its information circular to the shareholders were unanimously approved.
In a report to the stockholders, Mr. Pansano commented on the affairs of the corporation during the last year, and the company's plans for the future. Mr. Pansano announced at the meeting the fact that the company has filed a Registration Statement on Form 20-F with the U.S. Securities and Exchange Commission for purposes of becoming a reporting company in the United States. Additionally, the company plans to shortly make application for an additional listing on a United States Stock Exchange. If listed, and there are no assurances that it will be, management feels that such a listing will enhance the appeal of the company to U.S. investors and give the company access to a broader capital market. If accepted on a United States Stock Exchange, the company intends to continue to also be listed on the Toronto Stock Exchange.
On behalf of the company,
Whitney J. Pansano, President TEL: (604) 687-9887
Grant Young TEL: (601) 933-0890
Jean Williams, Executive Vice-President
______________________________
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