Western Resources Reports AGM Results

VANCOUVER, British Columbia, March 15, 2024 (GLOBE NEWSWIRE) -- Western Resources Corp. (TSX: WRX) (“Western” or “the Company”) is pleased to announce that its shareholders approved all items put before them at the Company’s Annual General Shareholder Meeting (“AGM”) held today, March 15^th, 2024. A total of 96,648,405 common shares, representing 23.64% of the issued and outstanding common shares of the Company as at the record date, were present in person or by proxy at the meeting. The approved items are:

1. Fixed the number of directors of the Company at seven (7), and the election of Bill Xue, George Gao, Mark Fracchia, Justin Xing, Andrew Hancharyk, Scott Nagel and Raymond Lu to the Board. Voting details for the composition of the board and each board member are as below: 

Resolution	For	Withheld/Abstain/Against	Percentage
Number of Directors (7)	96,456,565	191,266	99.80%
Bill Xue	96,307,424	340,407	99.65%
George Gao	96,303,804	344,027	99.64%
Mark Fracchia	96,313,244	334,587	99.65%
Justin Xing	96,308,414	339,417	99.65%
Andrew Hancharyk	96,449,058	198,773	99.79%
Scott Nagel	96,450,108	197,723	99.80%
Raymond Lu	96,447,478	200,353	99.79%

1. The appointment of MNP LLP as auditors of the Company at a remuneration to be fixed by the directors, with 96,464,071 shares voted “For”, representing 99.81% of the outstanding common shares of the Company and 183,760 shares voted “Withheld”.
2. Approved the Company’s rolling Incentive Stock Option Plan, with 96,244,234 shares voted “For”, representing 99.58% of the outstanding common shares of the Company and 403,597 shares voted “Against”.