Paramount Resources Ltd. Announces Annual General Meeting Results

CALGARY, May 7, 2020 /CNW/ - Paramount Resources Ltd. ("Paramount") (TSX - "POU") announces that the following eight director nominees were elected at today's annual general meeting of shareholders:

                
      VOTES FOR         VOTES WITHHELD


                 
      Number         
      Percent (%)    
     Number      
     Percent (%)


     James
      Riddell          101,524,772             99.79        209,482              0.21


     James
      Bell             101,192,157             99.47        542,097              0.53


     Wilfred
      Gobert           101,321,865             99.59        412,389              0.41


     John
      Gorman           100,960,197             99.24        774,057              0.76


     Dirk
      Jungé            101,172,088             99.45        562,166              0.55


     Robert
      MacDonald        101,337,630             99.61        396,624              0.39


     Keith
      MacLeod          101,345,347             99.62        388,907              0.38


     Susan
      Riddell
      Rose             100,860,709             99.14        873,545              0.86

The re-appointment of Ernst & Young LLP, Chartered Professional Accountants, as auditors of Paramount was also approved at the meeting.

ABOUT PARAMOUNT

Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas reserves and resources, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. The Company's principal properties are located in Alberta and British Columbia. Paramount's Class A common shares are listed on the Toronto Stock Exchange under the symbol "POU".

SOURCE Paramount Resources Ltd.