RUBELLITE ENERGY INC. ANNOUNCES ELECTION OF DIRECTORS

22.05.24 21:34 Uhr

CALGARY, AB, May 22, 2024 /CNW/ - (TSX:RBY) – Rubellite Energy Inc. ("Rubellite" or the "Corporation") is pleased to announce that the nominees listed in the management proxy circular dated April 4, 2024, were elected as directors of Rubellite. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below.

Election of Directors

Each of the following five nominees proposed by management was elected as a director of Rubellite:

Nominee

Votes For

% For

Votes Withheld

% Withheld

Susan L. Riddell Rose

41,598,555

99.756

101,752

0.244

Holly A. Benson

41,598,955

99.757

101,352

0.243

Tamara L. MacDonald

35,780,380

85.804

5,919,927

14.196

Ryan A. Shay

39,750,687

95.325

1,949,620

4.675

Bruce C. Shultz

41,602,887

99.766

97,420

0.234

ADDITIONAL INFORMATION

About Rubellite

Rubellite is a Canadian energy company engaged in the exploration, development and production of heavy crude oil from the Clearwater formation in Eastern Alberta, utilizing multi-lateral drilling technology. Rubellite has a pure play Clearwater asset base and is pursuing a robust organic growth plan focused on superior corporate returns and funds flow generation while maintaining a conservative capital structure and prioritizing environmental, social and governance ("ESG") excellence. Additional information on Rubellite can be accessed on the Company's website at www.rubelliteenergy.com or on SEDAR+ at www.sedarplus.ca.

The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.

SOURCE Rubellite Energy Inc.