09-05-2025
HEADWATER EXPLORATION INC. ANNOUNCES RESULTS OF ANNUAL AND SPECIAL SHAREHOLDER MEETING
CALGARY, AB, May 8, 2025 /CNW/ - Headwater Exploration Inc. (" Headwater") (TSX: HWX) is pleased to announce that the nominees listed in Headwater's management information circular dated March 25, 2025 were elected as directors of Headwater at its annual and special meeting of shareholders (the " Meeting") held today, May 8, 2025. In addition, all other matters considered at the Meeting were approved by Headwater's shareholders.
On a vote by ballot, each of the following eight nominees proposed by management was elected as a director of Headwater:
Nominee
Outcome of Vote
Votes For
Votes
Withheld
Chandra Henry
Elected
153,400,160
(97.00%)
4,740,699
(3.00%)
Jason Jaskela
Elected
154,807,827
(97.89%)
3,333,032
(2.11%)
Stephen Larke
Elected
127,017,777
(80.32%)
31,123,082
(19.68%)
Kevin Olson
Elected
148,972,565
(94.20%)
9,168,294
(5.80%)
David Pearce
Elected
152,517,442
(96.44%)
5,623,417
(3.56%)
Neil Roszell
Elected
148,358,241
(93.81%)
9,782,618
(6.19%)
Kam Sandhar
Elected
154,785,737
(97.88%)
3,355,122
(2.12%)
Cheree Stephenson
Elected
154,806,116
(97.89%)
3,334,743
(2.11%)
KPMG LLP, Chartered Professional Accountants, was appointed as the auditors of Headwater with 99.95% 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 99.41% of the shares represented at the Meeting voting in favour of the resolution.
The resolution to approve the unallocated awards under the performance and restricted award plan of the Corporation was approved, with 95.75% of the shares represented at the Meeting voting in favour of the resolution.
SOURCE Headwater Exploration Inc.
