First Atlas Resources Corp. Announces AGM Results and Updated Omnibus Equity Plan
First Atlas Resources Corp. Announces AGM Results a nd Updated Omnibus Equity Plan
April 21, 2026 – Vancouver, British Columbia. First Atlas Resources Corp. (the “Company ”) (CSE: HHE)
(Frankfurt: 0NB) (OTCPK: BTKRF) is pleased to annou nce that the shareholders approved all matters put
forth for approval at the annual meeting held on April 15, 2026.
The shareholders re-elected Richard Penn, Krystal Pineo, Kwaku Ashong, and Matheiu Piche to the board
of directors and re-appointed Manning Elliott LLP to be the auditors of the Company.
The shareholders also approved the Company's 2026 O mnibus Equity Incentive Plan (the “Plan”). This
Plan is designed to enhance the Company's ability t o attract, retain, and motivate qualified directors ,
officers, employees, and consultants while aligning their interests with those of shareholders. The Omnibus
Equity Incentive Plan provides a flexible and compr ehensive framework for granting equity-based awards ,
including stock options, restricted share units (RSUs), performance share units (PSUs), and deferred share
units (DSUs). The Plan aims to reward eligible participants for their contributions to the Company’s success
and to encourage long-term investment in the Company’s shares.
The Plan reserves up to 20% of the Company’s total issued and outstanding shares for awards under the
Plan, adhering to the “evergreen” structure. Shares subject to expired or terminated awards will becom e
available for future grants.
Awards under the Plan are subject to a range of vesting schedules and performance criteria as determined
by the Company’s Board of Directors or its delegate.
Specific limits ensure compliance with regulatory s tandards, including restrictions on grants to insid ers,
consultants, and those engaged in investor relations activities.
For further information about the meeting, please see the Management Information Circular filed under the
Company's profile on www.sedarplus.ca.
On behalf of the Board of Directors
Richard Penn
CEO
(778) 384-8923
Cautionary Statement
Except for statements of historic fact, this news release contains certain “forward-looking information” within
the meaning of applicable securities law. Forward-looking information is frequently characterized by words
such as “plan”, “expect”, “project”, “intend”, “bel ieve”, “anticipate”, “estimate” and other similar w ords, or
statements that certain events or conditions “may” or “will” occur. Forward-looking statements are bas ed
on the opinions and estimates at the date the state ments are made, and are subject to a variety of ris ks
and uncertainties and other factors that could caus e actual events or results to differ materially fro m those
anticipated in the forward-looking statements inclu ding, but not limited to delays or uncertainties wi th
regulatory approvals, including that of the CSE. Th ere are uncertainties inherent in forward-looking
information, including factors beyond the Company’s control. There are no assurances that the business
plans for the Company as described in this news rel ease will come into effect on the terms or time fra me
described herein. The Company undertakes no obligat ion to update forward-looking information if
circumstances or management’s estimates or opinions should change except as required by law. The
reader is cautioned not to place undue reliance on forward-looking statements. Additional information
identifying risks and uncertainties that could affe ct financial results is contained in the Company’s filings
with Canadian securities regulators, which are available at www.sedarplus.ca.