Petro-Canada today held its annual general and special meeting of shareholders in Calgary. At the meeting, shareholders passed the following resolutions:
Shareholders also received Petro-Canada's consolidated financial statements for the year ended December 31, 2008, together with the auditor's report.
"Shareholders recognized that the merger between Petro-Canada and Suncor would create Canada's premier integrated energy company with the assets, cost structure and financial strength to compete globally," said Ron Brenneman, Petro-Canada's president and chief executive officer. "We're optimistic that this afternoon Suncor's shareholders will see the same opportunity to create more shareholder value than both companies could create on their own."
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