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Raise Production Inc. Announces Election of Directors


raiseproductionlogo.jpg
| Source: Raise Production Inc.

CALGARY, Alberta, Dec. 05, 2018 (GLOBE NEWSWIRE) — Raise Production Inc. (TSX-V:RPC) (“Raise” or the “Company”) is pleased to announce the results from its 2018 Annual General Meeting (“AGM”).

At the meeting, the shareholders approved fixing the number of directors at six; elected the following to serve as board members until the next annual election of directors: Mr. Dell Chapman, Mr. Thomas Kehoe, Mr. Eric Laing (President & CEO), Mr. Dan Newman, Mr. Warren Steckley and Mr. Ken Zinger; approved the appointment of Ernst & Young LLP as the Company’s auditor for the ensuing year; and approved the Company’s Amended and Restated Stock Option Plan.

Raise would like to thank a former Board member, Dr. Sherry Austin, for her outstanding contributions, leadership and guidance to the Company during her fifteen years as a Board member of the Company and its predecessor, Global Energy Services Ltd.

Raise would also like to welcome Mr. Dan Newman as a new Board member, who is the Chief Executive Officer of Endurance Lift Holdings and has significant energy industry and board experience.

Please refer to the Company’s website for the AGM meeting materials as well as a copy of the presentation shown at the meeting.

About Raise Production Inc.

The Company is an innovative oilfield service company that focuses its efforts on the production service sector, utilizing its proprietary products to enhance and increase ultimate production in both conventional and unconventional oil and gas wells.

For further information please contact:

Eric Laing, President and Chief Executive Officer
E-mail: elaing@raiseproduction.com

Susan Scullion, Chief Financial Officer
E-mail: sscullion@raiseproduction.com

Raise Production Inc.
2620-58th Avenue S.E.
Calgary, Alberta T2C 1G5
Tel: (403) 699-7675

Web site at: www.raiseproduction.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.



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