CALGARY, ALBERTA–(Marketwired – May 10, 2017) – Gear Energy Ltd. (“Gear”) (TSX:GXE) is pleased to announce that the nominees listed in the management proxy circular dated March 31, 2017 were elected as directors of Gear. The detailed results of the vote for the election of directors held at Gear’s annual meeting of shareholders held today (the “Meeting”) are set out below.
On a vote by ballot, each of the following six nominees proposed by management was elected as a director of Gear:
| Nominee | Outcome of Vote | Votes For | % For | Votes Withheld | % Withheld | |||||
| Raymond Cej Harry English Ingram Gillmore Donald Gray John O’Connell Kevin Olson |
Elected Elected Elected Elected Elected Elected |
98,900,261 100,058,603 99,900,623 98,736,735 100,197,573 100,209,114 |
97.83 98.98 98.82 97.67 99.12 99.13 |
2,190,261 1,031,919 1,189,898 2,353,786 892,948 881,408 |
2.17 1.02 1.18 2.33 0.88 0.87 |
For details of the voting results on the other matters considered at the Meeting, see Gear’s Report of Voting Results filed pursuant to National Instrument 51-102 on www.sedar.com.
Ingram Gillmore
President & CEO
403-538-8463
[email protected]
Gear Energy Ltd.
David Hwang
Vice President Finance & CFO
403-538-8437
[email protected]
www.gearenergy.com
