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Strad Energy Services Ltd. Announces Annual Meeting Voting Results


FOR: STRAD ENERGY SERVICES LTD.
TSX SYMBOL: SDY

Date issue: May 31, 2017
Time in: 7:33 PM e

Attention:

CALGARY, ALBERTA--(Marketwired - May 31, 2017) -

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

Strad Energy Services Ltd. ("Strad" or the "Company") (TSX:SDY) announces the voting results in respect of its annual and special meeting of shareholders held on May 31, 2017 (the "Meeting"). Each of the matters voted on at the Meeting is outlined in the Corporation's Management Information Circular - Proxy Statement dated April 21, 2017 (the "Information Circular"), which is available on SEDAR at www.sedar.com.

Strad shareholders have duly elected all of the director nominees proposed by management in the Information Circular. The detailed voting results from the Meeting in respect of the election of directors is set forth below:

/T/

Nominee Votes For Votes Withheld ----------------------------------------------------------------------------
Robert J.A. Grandfield 99.60% 0.40% (39,369,263) (159,928)
Andrew R.C. Pernal 99.60% 0.41% (39,369,263) (159,928)
Jack H. Nodwell 99.59% 0.41% (39,367,663) (161,528)
Craig F. Hruska 99.60% 0.40% (39,369,263) (159,928)
Thomas M. Alford 99.58% 0.42% (39,361,601) (167,590)
Lyle A. Wood 99.59% 0.41% (39,367,163) (162,028)
Michael J. McNulty 99.59% 0.41% (39,368,663) (160,528) ----------------------------------------------------------------------------

/T/

Shareholders also voted in favour of the balance of the matters considered at the Meeting, namely, ordinary resolutions to fix the number of directors at seven, appoint the Corporation's auditors and approve the granting of all unallocated options pursuant to the Company's stock option plan for a further three year term in accordance with the rules of the Toronto Stock Exchange.

For complete voting results, please see our Report of Voting Results which will be available on SEDAR at www.sedar.com.

About Strad Energy Services Ltd.
Strad is a North American energy services company that provides rental
equipment and matting solutions to the oil and gas and energy infrastructure
sectors. Strad focuses on providing complete customer solutions in Canada and
the United States.

Strad is headquartered in Calgary, Alberta, Canada. Strad is listed on the Toronto Stock Exchange under the trading symbol "SDY".

- END RELEASE - 31/05/2017

For further information:
Strad Energy Services Ltd.
Andy Pernal
President & Chief Executive Officer
(403) 775-9202
(403) 232-6901 (FAX)
apernal@stradenergy.com
OR
Strad Energy Services Ltd.
Michael Donovan
Chief Financial Officer
(403) 775-9221
(403) 232-6901 (FAX)
mdonovan@stradenergy.com
www.stradenergy.com

COMPANY:
FOR: STRAD ENERGY SERVICES LTD.
TSX SYMBOL: SDY

INDUSTRY: Energy and Utilities - Oil and Gas
RELEASE ID: 20170531CC0109

Press Release from Marketwired 1-866-736-3779

All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization issuing the release, not to The Canadian Press.



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