The three nominees listed in the management information circular with respect to the Meeting were elected as directors of the Company. Shareholders also approved the Company’s equity incentive plan and the amendment of the quorum requirement in the Company’s articles to require two shareholders who hold at least 5% of the issued shares entitled to be vote at a meeting to be present at a shareholders’ meeting in order for there to be a quorum at such meeting. Detailed results of the votes on the matters put before the Meeting are set out below:
Number of Directors
To set the number of directors for the ensuing year at three:
Votes For | % For | Votes Against | % Against | |
21,846,797 | 90.054 | 2,412,879 | 9.946 | % |
Election of Directors
To elect the following persons to serve as directors of the Company for the ensuing year:
Nominee | Votes For | % For | Votes Withheld | % Withheld | ||
18,445,716 | 89.584 | % | 2,144,750 | 10.416 | ||
18,457,469 | 89.641 | % | 2,132,997 | 10.359 | ||
20,572,496 | 99.913 | 17,970 | 0.087 | % |
Re-appointment of the Auditor
To re-appoint
Votes For | % For | Votes Withheld | % Withheld | |
24,224,088 | 99.853 | 35,589 | 0.147 | % |
Approval of Compensation Plan
To authorize, approve, ratify and confirm the Company’s equity compensation plan and the unallocated entitlements issuable thereunder and permit the Company to grant options, restricted share units and deferred share units under the Company’s equity compensation plan until
Votes For | % For | Votes Against | % Against |
18,379,255 | 89.261 | 2,211,211 | 10.739 |
Approval of Amendment to Articles
To approve a special resolution to amend the quorum requirement in the Company’s articles to require a quorum for the transaction of business at shareholder meetings of two shareholders who, in the aggregate, hold at least 5% of the issued shares entitled to be voted at the meeting and are present in person or represented by proxy.
Votes For | % For | Votes Against | % Against |
20,475,025 | 99.439 | 115,441 | 0.561 |
About
On Behalf of the Board of Directors
Chief Executive Officer, Director
+1 (778) 819-0164
info@vortexenergycorp.com
The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.
Source:
2024 GlobeNewswire, Inc., source