LONCOR RESOURCES INC. (the "Corporation")
Annual and Special Meeting of Shareholders of the Corporation held on June 27, 2019
REPORT OF VOTING RESULTS
In accordance with section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, this report discloses the results of the voting on the matters submitted to the annual and special meeting of shareholders of the Corporation held on June 27, 2019 (the "Meeting").
The matters voted upon at the Meeting and the results of the voting were as follows:
1. Election of Directors
By resolution passed via a show of hands, the following persons were elected as directors of the Corporation, to hold office until the close of the next annual meeting of shareholders of the Corporation unless such office is earlier vacated in accordance with the by-laws of the Corporation:
| Votes by Proxy | |||
Name | Votes For | % Votes For | Votes Withheld | % Votes Withheld |
Arnold T. Kondrat | 57,559,718 | 99.993% | 3,800 | 0.007% |
Richard J. Lachcik | 57,562,518 | 99.998% | 1,000 | 0.002% |
William R. Wilson | 54,890,518 | 95.356% | 2,673,000 | 4.644% |
2. Appointment of Auditors
By resolution passed via a show of hands, UHY McGovern Hurley llp, Chartered Professional Accountants and Licensed Public Accountants, were reappointed as the auditors of the Corporation, to hold office until the close of the next annual meeting of shareholders of the Corporation. The following are details of this vote reappointing UHY McGovern Hurley llp:
Votes by Proxy | |||
Votes For | % Votes For | Votes Withheld | % Votes Withheld |
60,683,412 | 99.9996% | 278 | 0.0004% |
3. Remuneration of Auditors
By resolution passed via a show of hands, the directors of the Corporation were authorized to fix the remuneration payable to the auditors of the Corporation. The following are details of this vote authorizing the directors to fix the said remuneration:
Votes by Proxy | |||
Votes For | % Votes For | Votes Withheld | % Votes Withheld |
57,563,505 | 99.99998% | 13 | 0.00002% |
4. Share Consolidation
By special resolution passed via a show of hands, shareholders authorized an amendment to the articles of the Corporation to consolidate the issued and outstanding common shares of the Corporation at a ratio of either two to one or three to one, with one of the two said ratios to be selected and implemented by the board of directors of the Corporation in its sole discretion, as described in the management information circular of the Corporation dated May 27, 2019. The following are details of this vote authorizing the said amendment to the articles:
Votes by Proxy | |||
Votes For | % Votes For | Votes Against | % Votes Against |
57,562,005 | 99.997% | 1,513 | 0.003% |
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