Cenovus reports voting results of election of Directors

CALGARY, AB—(Marketwired – April 26, 2017) – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced that at its annual meeting of shareholders held on April 26, 2017 each of the 11 nominees proposed as Directors and listed in its Management Information Circular dated March 3, 2017 were elected as Directors. The detailed results of the vote are set out below.

Nominee   Votes for   Votes withheld
    Number   Percent   Number   Percent
Susan F. Dabarno   538,584,625     87.83     74,626,583     12.17  
Patrick D. Daniel   537,895,307     87.72     75,316,195     12.28  
Ian W. Delaney   536,731,302     87.53     76,478,235     12.47  
Brian C. Ferguson   536,650,354     87.51     76,560,854     12.49  
Steven F. Leer   536,895,053     87.55     76,316,155     12.45  
Richard J. Marcogliese   538,133,532     87.76     75,076,004     12.24  
Claude Mongeau   538,594,552     87.83     74,616,656     12.17  
Charles M. Rampacek   534,832,174     87.22     78,379,033     12.78  
Colin Taylor   538,053,072     87.74     75,156,758     12.26  
Wayne G. Thomson   536,784,027     87.54     76,427,181     12.46  
Rhonda I. Zygocki   539,278,454     87.94     73,933,081     12.06  

Cenovus welcomes Susan F. Dabarno as a new member of its Board of Directors. Ms. Dabarno is a director of Manulife Financial Corporation and has extensive wealth management and financial expertise. Ms. Dabarno spent seven years with Richardson Partners Financial Limited, an independent wealth management services firm, serving as President and Chief Executive Officer and then as Executive Chair during her tenure. Prior to joining Richardson Partners Financial Limited, Ms. Dabarno was President and Chief Operating Officer at Merrill Lynch Canada Inc.

Cenovus would like to extend its sincere thanks and best wishes to Michael A. Grandin and Valerie A. A. Nielsen, who have retired from the Board of Directors. Mr. Grandin served as Chair of the Board and Ms. Nielsen as a Director since Cenovus's inception in 2009.

Cenovus Energy Inc.

Cenovus Energy Inc. is a Canadian integrated oil company. It is committed to applying fresh, progressive thinking to safely and responsibly unlock energy resources the world needs. Operations include oil sands projects in northern Alberta, which use specialized methods to drill and pump the oil to the surface, and established natural gas and oil production in Alberta and Saskatchewan. The company also has 50% ownership in two U.S. refineries. Cenovus shares trade under the symbol CVE, and are listed on the Toronto and New York stock exchanges. For more information, visit cenovus.com.

Find Cenovus on Facebook, Twitter, LinkedIn, YouTube and Instagram.

Melcor Developments Ltd. announces AGM Director Voting Results

EDMONTON, AB—(Marketwired – April 26, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta–based real estate development and asset management company, today announced the results of its annual general meeting (AGM), held on April 26, 2017. A total of 26,887,572 shares were voted in person or by proxy, representing 80.61% of the outstanding shares as of the record date. Shareholders approved all items of business before the AGM, including the election of trustees as follows:

Nominee % Votes For   % Votes Withheld  
Gordon J. Clanachan 99.53 % 0.47 %
Ross A. Grieve 96.33 % 3.67 %
Andrew J. Melton 96.32 % 3.68 %
Kathleen M. Melton 96.06 % 3.94 %
Timothy C. Melton 96.25 % 3.75 %
Eric P. Newell 99.98 % 0.02 %
Catherine M. Roozen 99.97 % 0.03 %
Allan E. Scott 96.62 % 3.38 %
Ralph B. Young 94.40 % 5.60 %

About Melcor Developments Ltd.

Melcor is a diversified real estate development and asset management company that transforms real estate from raw land through to high–quality finished product in both residential and commercial built form. Melcor develops and manages mixed–use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses. Melcor owns a well diversified portfolio of assets in Alberta, Saskatchewan, British Columbia, Arizona and Colorado.

Melcor has been focused on real estate since 1923. The company has built over 100 communities across western Canada and today manages over 3.95 million sf in commercial real estate assets and 612 residential rental units. Melcor is committed to building communities that enrich quality of life — communities where people live, work, shop and play.

Melcor's headquarters are located in Edmonton, Alberta, with regional offices throughout Alberta and in British Columbia and Arizona. Melcor has been a public company since 1968 and trades on the Toronto Stock Exchange (TSX: MRD).