CANEX Reports 2016 Annual General and Special Meeting Results
CANEX ENERGY CORP. Suite 702-595 Howe Street VANCOUVER, BC V6C2T5 www.canexenergy.com
TSX VENTURE SYMBOL: CSC March 29, 2016
CANEX REPORTS 2016 ANNUAL GENERAL AND SPECIAL MEETING RESULTS
CANEX ENERGY CORP. ("Canex" or “the Company") is pleased to report that all matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, were approved by the requisite majority of votes cast at the annual general and special meeting of the shareholders held on March 29, 2016 in Vancouver (the “AGM”).
Shareholders, at the AGM, approved the adoption of the Company’s stock option plan; shareholders also approved the re-appointment of Crowe MacKay, LLP as auditors of the Company for the ensuing year at the remuneration to be fixed by the directors. Furthermore, the following directors were elected by the shareholders: Jonathan Challis, Geoffrey Carter, and Peter Wilson.
About Canex Energy
Canex Energy Corp. is a Canadian-based resource company focused on uranium in Saskatchewan's Athabasca Basin, the world's largest source of high-grade uranium, and gold in British Columbia. The company has a joint venture with Fission 3.0 Corp. to explore Fission’s Clearwater West property at which Fission’s award-winning technical team is the Operator.
ON BEHALF OF THE BOARD Contact:
Peter Wilson, CEO & Director Ph: 604 484 8989 Peter G Wilson, CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain forward-looking statements that reflect the current views and/or expectations of the Company with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, statements regarding the outlook for future operations, or other business plans. Investors are cautioned that any such forward-looking statements are not guarantees and may involve risks and uncertainties, and that actual results may differ from those in the forward-looking statements as a result of various factors, such as: significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary for any future drilling or other exploration or expenditure, and the ability of the Company to raise the funds necessary to fund the option earn-in on the Clearwater West property. These risks, as well as others, could cause actual results and events to vary significantly. Investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.