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Judge grants Canada's First Calgary investor vote delay

Mon Apr 7, 2008 10:35pm EDT

CALGARY, Alberta, April 7 (Reuters) - A Canadian judge granted First Calgary Petroleums' FCP.TO request on Monday to delay a vote on a shareholder proposal to oust the company's chief executive, ruling investors needed time to consider an 11th-hour show of support from Algeria's energy minister.

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Dissident shareholders seeking to replace CEO Richard Anderson and elect a slate of directors for the company that is developing a large Algerian gas project will have to wait until April 18 for the vote, Alberta Justice Bruce McDonald ruled. The meeting was previously scheduled for Tuesday. (Reporting by Jeffrey Jones; Editing by Jan Dahinten)

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