HEADWATER EXPLORATION INC. ANNOUNCES RESULTS OF ANNUAL SHAREHOLDER MEETING

HEADWATER EXPLORATION INC. ANNOUNCES RESULTS OF ANNUAL SHAREHOLDER MEETING

Canada NewsWire

CALGARY, AB, May 9, 2024 /CNW/ - Headwater Exploration Inc. ("Headwater") (TSX: HWX) is pleased to announce that the nominees listed in Headwater's management information circular dated March 25, 2024 were elected as directors of Headwater at its annual meeting of shareholders (the "Meeting") held today, May 9, 2024. In addition, all other matters considered at the Meeting were approved by Headwater's shareholders.

On a vote by ballot, each of the following ten nominees proposed by management was elected as a director of Headwater:

Nominee


Outcome of Vote

Votes For


Votes
Withheld

Devery Corbin


Elected

140,508,731

(99.19%)

 


1,143,969

(0.81%)

 

Elena Dumitrascu


Elected

140,491,771

(99.18%)

 


1,160,929

(0.82%)

 

Chandra Henry


Elected

140,462,505

(99.16%)

 


1,190,195

(0.84%)

 

Jason Jaskela


Elected

141,181,206

(99.67%)

 


471,494

(0.33%)

 

Phillip R. Knoll


Elected

120,670,799

(85.19%)

 


20,981,901

(14.81%)

 

Stephen Larke


Elected

134,973,560

(95.28%)

 


6,679,140

(4.72%)

 

Kevin Olson


Elected

132,062,521

(93.23%)

 


9,590,179

(6.77%)

 

David Pearce


Elected

140,465,417

 (99.16%)

 


1,187,283

(0.84%)

 

Neil Roszell


Elected

131,127,952

(92.57%)

 


10,524,748

(7.43%)

 

Kam Sandhar


Elected

140,787,771

 (99.39%)

 


864,929

(0.61%)

 

KPMG LLP, Chartered Professional Accountants, was appointed as the auditors of Headwater with 99.89% of the shares represented at the Meeting voting in favour of their appointment.

The resolution to accept Headwater's approach to executive compensation was approved, on a non-binding advisory basis, with 98.55% of the shares represented at the Meeting voting in favour of the resolution.

SOURCE Headwater Exploration Inc.

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