07/27/2021 | Press release | Distributed by Public on 07/27/2021 07:13
Submission of Matters to a Vote of Security Holders
On July 22, 2021, Houston American Energy Corp. (the 'Company') held its Annual Meeting of shareholders. The final results for each of the matters submitted to a vote of stockholders at the Annual Meeting, as set forth in the Proxy Statement, are as follows:
Proposal 1. The nominee for election as Class B Director was elected to serve until the 2024 Annual Meetings of Stockholders and until his successor has been duly elected and qualified, or until such director's earlier resignation, removal or death. The result of the votes to elect the director was as follows:
DIRECTOR | FOR | WITHHELD |
ABSTENTIONS AND BROKER NON-VOTE |
|||||||||
Stephen Hartzell (Class B) | 2,905,163 | 275,375 | 2,774,341 |
Proposal 2. The amendment of the Company's certificate of incorporation to increase the authorized shares of common stock failed to attain the required vote of a majority of outstanding shares by the votes set forth in the table below:
FOR |
AGAINST |
ABSTENTIONS AND BROKER NON-VOTES | ||||||||||
4,848,409 | 1,028,088 | 78,382 |
Proposal 3. The adoption of the Company's 2021 Equity Incentive Plan by the stockholders by the votes set forth in the table below:
FOR |
AGAINST |
ABSTENTIONS AND BROKER NON-VOTES | ||||||||||
2,699,546 | 409,957 | 2,845,376 |
Proposal 4. The appointment of Marcum LLP as the Company's independent registered public accounting firm for fiscal 2021 was ratified by the stockholders by the votes set forth in the table below:
FOR |
AGAINST |
ABSTENTIONS AND BROKER NON-VOTES | ||||||||||
5,703,051 | 170,546 | 81,282 |
Proposal 5. The compensation of the named executive officers as disclosed in the Company's Proxy Statement was approved on an advisory basis by the votes set forth in the table below:
FOR |
AGAINST |
ABSTENTIONS AND BROKER NON-VOTES | ||||||||||
2,707,836 | 400,917 | 2,846,126 |