CALGARY, Alberta, May 09, 2018 (GLOBE NEWSWIRE) -- Gear Energy Ltd. (“Gear”) (TSX:GXE) is pleased to announce that
the nominees listed in the management proxy circular dated April 2, 2018 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 |
|
96,531,143
97,826,746
97,878,674
94,827,096
96,516,611
96,563,111 |
|
98.35
99.67
99.72
96.61
98.33
98.38 |
|
1,624,375
328,772
276,844
3,328,422
1,638,907
1,592,407 |
|
1.65
0.33
0.28
3.39
1.67
1.62 |
|
|
|
|
|
|
|
|
|
|
|
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.
FOR FURTHER INFORMATION, PLEASE CONTACT: Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance & CFO 403-538-8437 Email: info@gearenergy.com Website: www.gearenergy.com