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Bri-Chem Announces Results of 2018 Annual General Meeting

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

EDMONTON, Alberta, June 15, 2018 (GLOBE NEWSWIRE) — Bri-Chem Corp. (“Bri-Chem” or “Company”) (TSX:BRY), a leading North American oilfield chemical distribution and blending company, is pleased to announce that all the nominees listed in the Management Information Circular dated May 10, 2018 were elected as directors of the Company at its annual general meeting held on June 14, 2018.

The detailed results of the vote for the election of the directors are set out below:

Director For % For Withheld % Withheld
Don Caron 6,747,208 55.51 5,247,012 44.49
Eric Sauze 8,430,068 71.48 3,364,152 28.52
Brian Campbell 10,668,248 90.45 1,125,952 9.55
Albert Sharp 8,430,068 71.48 3,364,152 28.52

In addition, the reappointment of Deloitte LLP, as the Company’s independent auditors was approved along with fixing the number of directors of the Company at four and approval of all unallocated Stock Options issuable under the Company’s Stock Option Plan are approve and authorized until June 14, 2021.

About Bri-Chem

Bri-Chem has established itself, through a combination of strategic acquisitions and organic growth, as the North American industry leader for wholesale distribution and blending of oilfield drilling, completion, stimulation and production chemical fluids. We sell, blend, package and distribute a full range of drilling fluid products from 26 strategically located warehouses throughout Canada and the United States. Additional information about Bri-Chem is available at www.sedar.com or at Bri-Chem’s website at www.brichem.com.

To receive Bri-Chem news updates send your email to ir@brichem.com.

For further information, please contact:

Jason Theiss
Bri-Chem Corp.
CFO
T: (780) 571-8587
E: jtheiss@brichem.com
     

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

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