Gear Energy Ltd.

Gear Energy Ltd.

May 07, 2014 20:01 ET

Gear Energy Ltd. Announces Results of Directors Vote

CALGARY, ALBERTA--(Marketwired - May 7, 2014) - Gear Energy Ltd. ("Gear") (TSX:GXE) is pleased to announce that the nominees listed in the management proxy circular dated April 7, 2014 were elected as directors of Gear. The detailed results of the vote for the election of directors held at its annual meeting of shareholders are set out below.

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

Nominee Outcome of Vote Votes For % For Votes Withheld % Withheld
Greg Bay Elected 37,343,758 99.09 342,600 0.91
Raymond Cej Elected 37,664,358 99.94 22,000 0.06
Ingram Gillmore Elected 37,684,358 99.99 2,000 0.01
Donald Gray Elected 37,343,758 99.09 342,600 0.91
Peter Verburg Elected 37,684,358 99.99 2,000 0.01

About Gear Energy Ltd.

Gear is a Canadian exploration and production company with predominantly horizontal heavy oil production in east central Alberta and west central Saskatchewan. The current and ongoing business plan is to continue focusing on being a low cost heavy oil operator, drilling economic wells and acquiring assets on an accretive basis.

Contact Information

  • Gear Energy Ltd.
    Ingram B. Gillmore
    President and Chief Executive Officer
    (403) 538-8463