May 10, 2017 15:26 ET

Trinidad Drilling Announces Voting Results from the 2017 Annual Meeting

CALGARY, ALBERTA--(Marketwired - May 10, 2017) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Trinidad Drilling Ltd. (TSX:TDG) (Trinidad) is pleased to announce the voting results from our Annual Meeting of Shareholders held on May 10, 2017.

  1. Shareholders set the number of directors at six.
Votes For Votes Withheld
Number of directors 99.70% 0.30%
  1. Shareholders elected the following directors:
Director Votes For Votes Withheld
Michael Heier 87.02% 12.98%
Jim Brown 87.26% 12.74%
Brian Burden 87.26% 12.74%
David Halford 87.97% 12.03%
Nancy Laird 87.25% 12.75%
Ken Stickland 87.08% 12.92%
  1. Shareholders re-appointed PricewaterhouseCoopers LLP as Trinidad's auditors.
Votes For Votes Withheld
Auditors 98.87% 1.13%
  1. Shareholders approved the unallocated options under Stock Option.
Votes For Votes Withheld
Stock Option Plan 80.92% 19.08%
  1. Shareholders approved the continuation of, and amendments to, our Shareholder Rights Plan.
Votes For Votes Withheld
Shareholder Rights Plan 86.67% 13.33%

About Trinidad Drilling

Trinidad is a corporation focused on sustainable growth that trades on the Toronto Stock Exchange under the symbol TDG. Trinidad's divisions currently operate in the drilling sector of the oil and natural gas industry, with operations in Canada, the United States and internationally. In addition, through joint venture arrangements, Trinidad operates drilling rigs in Saudi Arabia and Mexico, and is currently assessing operations in other international markets. Trinidad is focused on providing modern, reliable, expertly designed equipment operated by well-trained and experienced personnel. Trinidad's drilling fleet is one of the most adaptable, technologically advanced and competitive in the industry.