Welcome to the annual meeting of shareholders of Exco Technologies Limited. Please note the meeting is being recorded. I would like to introduce Mr. Brian Robbins, Executive Chairman of the Board. Mr. Robbins, please go ahead.
Ladies and gentlemen, good afternoon. My name is Brian A. Robbins, and as Executive Chairman of the Board, I welcome you to this annual meeting of the shareholders of Exco Technologies Limited. I'm pleased to host the meeting through this virtual meeting platform, which is accessible to all our shareholders, regardless of physical location, so that you can participate, submit questions, and vote. We should also mention that we will be releasing our first quarter financial results next week on Wednesday, January 31st, 2024, and we will be hosting our usual analyst call the next day on Thursday, February 1st, 2024 at 10:00 A.M. Questions on our first quarter results can be asked then. Today we will take questions, if there are any, at the end of the meeting.
As I said, we will be taking questions on our 1st quarter results on next Thursday, the analyst call. During the course of today's meeting and subsequent questions and answer session, forward-looking statements may be made. I won't read the entire cautionary statement, but it's set out at page four and five in our 2023 annual report, which is available on our website. I will now proceed with the agenda for today's meeting. In accordance with the company's bylaws, I will serve as Chairman of the meeting, and Matthew Posno, Chief Financial Officer of the corporation, will act as Secretary of the meeting. I will ask our transfer agent, TSX Trust Company, represented by Ms. Rosa Garofalo, to act as scrutineer.
Notice of the meeting was mailed to the shareholders on December 22nd, 2023, and we received an affidavit of the corporation's transfer agent as to its mailing. I will take the notice of meeting as read. I've received a preliminary scrutineer's report, which indicates that a quorum is present and that I have an overwhelming majority of proxy support. Since we have a quorum, I declare that the meeting has been duly called and is properly constituted to transact any business appearing on the agenda. The Secretary has tabled the minutes of the annual meeting of shareholders held on January 25th, 2023. I will take these matters as read and approved. We will conduct the votes on the matters before us by a poll.
On a poll, every shareholder entitled to vote on the matter has one vote in respect of each share entitled to be voted on the matter and held by that shareholder. The poll will be open for all resolutions at the same time. This will allow you to choose to vote on each resolution immediately or wait until conclusion of discussion on each resolution prior to casting your vote. Once all items of business have been concluded, I will give you 15 seconds to enter your votes and then declare voting closed on all resolutions. The results of the meeting will be available on SEDAR+ sometime tomorrow and also be available on our website. Please note, only registered shareholders who have shares in their name as of the record date or their validly appointed proxy holders are entitled to vote at today's meeting.
If you have already voted by proxy, you do not need to vote again unless you are changing your vote. I will now ask that polls be opened. We will now proceed with the election of directors at today's meetings. Five directors are to be elected. All five of the nominees are being re-nominated, and information regarding each of them is set out on the information circular, which again was made available at our SEDAR+ website and our transfer agent's website. As Chair, I propose the nomination of Edward H. Kernaghan, Darren M. Kirk, Robert B. Magee, Colleen M. McMorrow, and Brian A. Robbins, all of whom are Canadian citizens, as directors of the corporation to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed. For convenience, I have arranged for seconders of the motions.
The motion has been seconded by Mr. Posno, our CFO, who is sitting next to me. As no further nominations were received by the corporation within the timelines set out in the corporation's advance notice bylaw, I declare the nominations to be closed. We have five persons nominated for the five positions of director. Please cast your vote on this item now. It is now in order to proceed with the appointment of the auditor and the authorization of the directors to fix their remuneration. Ernst & Young LLP, the current auditor of the corporation, is proposed as auditor until the next annual general meeting of the shareholders of the corporation.
As Chair, I move that Ernst & Young LLP be appointed auditor of the corporation to hold office until the next annual meeting of shareholders and that the directors of the corporation be authorized to fix its remuneration. The motion has been seconded by Mr. Posno. Again, please note, only registered shareholders who held shares in their name as of the record date or their validly appointed proxy voters are entitled to vote at this meeting. If you have already voted by proxy, you need not vote again unless you are changing your vote. I will now give you 15 seconds to vote before we close the voting. I now ask that the polls be closed. Based on the preliminary scrutineer report, I can now confirm that both the motions electing directors and appointing the auditors are carried.
Now that the formal part of the meeting has been concluded, Darren Kirk, our President and CEO, will be pleased to answer any of the questions that you may have with respect to the company, its financial statements and operations during the year. Please submit your questions through the virtual web portal. If there are no questions, I would like to thank everyone for attending this meeting and for your support of the company, and I declare the meeting terminated. I now turn the meeting back to the TSX operator.
Thank you everyone for attending today's meeting. You may now disconnect.