Corcel Regulatory News (CRCL)

Results of Caracal Annual and Special Meeting of Shareholders CALGARY, May 19, 2014 /CNW/ - Caracal Energy Inc. ("Caracal" or the "Corporation") (LSE:CRCL) announces that at the Annual and Special Meeting ofShareholders (the "Meeting") held in London, UK on May 15, 2014, allresolutions set out in the Notice of Annual and Special Meeting and voted on atthe Meeting were passed by the requisite majority. The following resolutions were voted on at the Meeting and carried on a show ofhands: Resolution Votes For Percent Votes Withheld Percent The election of the followingnominees as Directors of theCorporation to serve until the nextannual meeting of shareholders of theCorporation, or until theirsuccessors are elected or appointed: Carol Bell 39,162,969 100% - - John Bentley 39,123,038 100% - - Peter Dey 39,139,841 100% - - Gary Guidry 39,139,841 100% - - Robert Hodgins 37,737,156 96.4% 1,385,882 3.6% Ron Royal 39,162,969 100% - - Brooke Wade 34,972,233 89.3% 4,190,736 10.7% The appointment of KPMG LLP, 49,367,157 100% - -Chartered Accountants as auditors ofthe Corporation to hold office forthe ensuing year. The following resolutions were approved by a vote conducted by ballot at theMeeting: Resolution Votes For Percent Votes Against Percent An ordinary resolution authorizing the 36,840,893 89.3% 4,420,986 10.7%annual amounts regarding the allotmentof equity securities. A special resolution authorizing the 41,225,969 98.2% 751,000 1.8%limits regarding the dis-applicationof pre-emption rights. An ordinary resolution approving the 28,712,733 69.6% 12,549,235 30.4%long-term incentive plan for theCorporation with certain amendmentsthereto. Non-votes and invalid votes have not been counted in the calculation of theproportion of votes for and against each resolution. A copy of the Voting Report is available on SEDAR at www.sedar.com and has beensubmitted to the National Storage Mechanism and will be available at http://www.morningstar.co.uk/uk/NSM. About Caracal Energy Inc. Caracal Energy Inc. is an international exploration and development companyfocused on oil and gas exploration, development and production activities inthe Republic of Chad, Africa. In 2011, the Company entered into threeproduction sharing contracts ("PSCs") with the government of the Republic ofChad. These PSCs provide exclusive rights, along with its partners, to exploreand develop reserves and resources over a combined area of 26,103 km2 insouthern Chad. The PSCs cover two world-class oil basins with oil discoveries,and numerous exploration prospects. The Company's shares trade on the London Stock Exchange under the symbol CRCL. SOURCE: Caracal Energy Inc. For further information: Caracal Energy Inc.Gary Guidry, President and Chief Executive OfficerTrevor Peters, Chief Financial Officer+1 403-724-7200 Longview Communications - Canadian Media EnquiriesAlan Bayless +1 604-694-6035Joel Shaffer +1 416-649-8006 FTI Consulting - UK Media EnquiriesBen Brewerton / Ed Westropp+ 44 (0) 207 8313 3113caracalenergy.sc@fticonsulting.com

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