Annual metting update
DALLAS , TX, Dec. 14, 2012 /CNW Telbec/ - Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or " Gale Force ") today announced the results of its Annual General Meeting of its shareholders, held earlier today. The following resolutions were approved by the shareholders at the Meeting:
(1) Election of Directors
Shareholders individually re-elected Ruben Alba , Guillaume Dumas, Robert Johnson , Charles Marleau, Michael McLellan and G. Scott Paterson .
(2) Appointment of Auditors
The shareholders appointed Bélanger Dalcourt Chartered Accountants as the Company's auditors for the ensuing year.
(3) "Rolling" Stock Option Plan and RSU Plan
The shareholders passed resolutions approving the Company's 10% "Rolling" Stock Option Plan and its Restricted Share Unit Plan, subject to TSX Venture Exchange Approval of a Company application to graduate to Tier 1.