PetroFrontier Announces Results of the Annual and Special Shareholders' Meeting and Board Reconstitution

December 23, 2019 7:09 PM EST | Source: PetroFrontier Corp.

Calgary, Alberta--(Newsfile Corp. - December 23, 2019) - PetroFrontier Corp. (TSXV: PFC) ("PetroFrontier" or the "Company") is pleased to announce that all of the resolutions put forward at PetroFrontier's Annual and Special Meeting of shareholders held on December 20, 2019 (the "Meeting") were passed at the Meeting by over 99.5% of shareholders voting at the Meeting. The full text of each resolution is contained in the Management Information Circular, which is available on SEDAR at www.sedar.com.

Appointment of Additional Director

The Company is pleased to announce the appointment of Mr. Kenneth L. DeWyn to its Board of Directors.

Mr. DeWyn is a veteran of junior resource company start-ups and their ongoing operations. Having been very involved in continuous reporting requirements for the past 20 years, Mr. DeWyn is well qualified to provide go-forward guidance to PetroFrontier.

The Company also announces that it has accepted the resignation of Mr. Al Kroontje as director of the Company effective December 23, 2019.

About PetroFrontier Corp.

PetroFrontier is a junior energy company currently focused on developing two Mannville heavy oil plays in the Cold Lake and Wabasca areas of Alberta.

PetroFrontier's head office is in Calgary, Alberta and its common shares are listed for trading on the TSXV under the symbol "PFC".

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

For more information, please contact

Kelly Kimbley, President & CEO

PetroFrontier Corp.
Suite 900, 903 - 8 Avenue S.W.

Calgary, Alberta, Canada T2P 0P7
Telephone: (403) 718-0366
Email: info@petrofrontier.com
Website: www.petrofrontier.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/51062

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