Bonavista Energy Corporation Reports on Voting From Shareholders Meeting

FOR: BONAVISTA ENERGY CORPORATION
TSX SYMBOL: BNP

Date issue: May 04, 2017
Time in: 9:05 PM e

Attention:

CALGARY, ALBERTA--(Marketwired - May 4, 2017) - Bonavista Energy Corporation (TSX:BNP) ("Bonavista") announces that all matters presented for approval at the annual meeting of shareholders held today have been fully authorized and approved. A total of 151,127,539 votes, representing 59.3% of total votes entitled to vote at the meeting, were voted in connection with the matters considered at the meeting.

At the meeting, all of the nominees proposed as directors were duly elected as directors of Bonavista with a majority of votes cast by the shareholders present or represented at the meeting as follows:

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Percent Votes Percent Name of Nominee Votes For (%) Withheld (%) ------------------------ ------------ ------------ ------------ ------------ Keith A. MacPhail 146,677,485 97.65 3,526,160 2.35 Ian S. Brown 147,776,194 98.38 2,427,451 1.62 Michael M. Kanovsky 145,795,930 97.07 4,407,715 2.93 Sue Lee 148,073,879 98.58 2,129,766 1.42 Margaret A. McKenzie 148,205,450 98.67 1,998,195 1.33 Robert G. Phillips 148,118,833 98.61 2,084,812 1.39 Ronald J. Poelzer 139,946,740 93.17 10,256,905 6.83 Jason E. Skehar 148,637,449 98.96 1,566,196 1.04 Christopher P. Slubicki 141,663,982 94.31 8,539,663 5.69

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Bonavista is focused on creating premium shareholder value through the efficient development of high quality oil and natural gas assets.

- END RELEASE - 04/05/2017

For further information:
Jason E. Skehar
President & CEO
OR
Dean M. Kobelka
Vice President, Finance & CFO
OR
Berk Sumen
Investor Relations Lead
OR
Bonavista Energy Corporation
1500, 525 - 8th Avenue SW
Calgary, AB T2P 1G1
Phone: (403) 213-4300
Website: www.bonavistaenergy.com

COMPANY:
FOR: BONAVISTA ENERGY CORPORATION
TSX SYMBOL: BNP

INDUSTRY: Energy and Utilities - Oil and Gas
RELEASE ID: 20170504CC0143

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