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: Website: www.gearenergy.com