CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced today that all nominees listed in its notice of meeting and information circular dated March 23, 2018, were elected as directors of Freehold at its Annual Meeting of Shareholders held today in Calgary.
The results of the votes are as follows:
| Nominee | Votes For | Votes Withheld | ||||
| Number | % | Number | % | |||
| Gary R. Bugeaud | 79,412,768 | 97.51 | % | 2,025,114 | 2.49 | % |
| Peter T. Harrison | 81,357,134 | 99.90 | % | 80,748 | 0.10 | % |
| J. Douglas Kay | 79,013,535 | 97.02 | % | 2,424,347 | 2.98 | % |
| Arthur N. Korpach | 77,912,487 | 95.67 | % | 3,525,395 | 4.33 | % |
| Susan M. MacKenzie | 79,064,269 | 97.09 | % | 2,373,613 | 2.91 | % |
| Thomas J. Mullane | 81,355,112 | 99.90 | % | 82,770 | 0.10 | % |
| Marvin F. Romanow | 81,351,637 | 99.89 | % | 86,245 | 0.11 | % |
| Aidan M. Walsh | 81,351,112 | 99.89 | % | 86,770 | 0.11 | % |
KPMG LLP was appointed as the auditors of Freehold with 97.67% of the proxies received in favour of their appointment.
Freehold’s primary focus is on acquiring and managing oil and gas royalties. The majority of production comes from royalty interests (mineral title and gross overriding royalties). Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU.
For further information, contact:
Freehold Royalties Ltd.
Matt Donohue
Manager, Investor Relations and Capital Markets
t. 403.221.0833
f. 403.221.0888
tf. 1.888.257.1873
e. mdonohue@rife.com
w. www.freeholdroyalties.com