Tenth Avenue Petroleum Corp. shareholders have approved a significant corporate rebranding, with 99.979% of represented shares voting in favor of changing the company name to Decimus Oil Corp. during the annual general and special meeting held on September 17, 2025. The nearly unanimous approval demonstrates strong shareholder support for the company's strategic direction and represents a pivotal moment in the Calgary-based energy company's evolution.
The meeting saw substantial shareholder participation, with 16,783,724 common shares representing 37.22% of the company's issued and outstanding shares participating either in person or by proxy. This level of engagement indicates significant investor interest in the company's governance decisions and future trajectory. The name change to Decimus Oil Corp. marks a new chapter for the junior oil and gas exploration and production company as it continues operations in Alberta's energy sector.
Shareholders also re-elected all four director nominees listed in the management proxy circular, maintaining continuity in corporate leadership. The board will continue to guide the company's exploration, development, and production activities in Western Canada. Additionally, shareholders approved the company's stock option plan with 99.843% support and reappointed Crowe & McKay LLP as auditors, ensuring consistent financial oversight.
The corporate rebranding comes as the company focuses on sustainable growth and per-share value creation through its strategic assets in the Mannville stack. Further details regarding the meeting outcomes are available in the Management Information Circular dated August 15, 2025 and the Report of Voting Results on SEDAR+. The original release can be viewed on NewMediaWire.
