Gear Energy Ltd. Announces Results of Directors Vote

CALGARY, May 6, 2020 /CNW/ - Gear Energy Ltd. ("Gear") (TSX:GXE) is pleased to announce that the nominees listed in the management proxy circular dated March 17, 2020 were elected as directors of Gear.  The detailed results of the vote for the election of directors held at Gear's annual meeting of shareholders held today (the "Meeting") are set out below.

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

Nominee		Outcome of Vote		Votes For		% For		Votes Withheld		% Withheld
Greg Bay		Elected		68,005,817		98.68%		907,419		1.32%
Harry English		Elected		68,007,617		98.69%		905,619		1.31%
Ingram Gillmore		Elected		68,030,545		98.72%		882,691		1.28%
Don T. Gray		Elected		67,344,403		97.72%		1,568,833		2.28%
Scott Robinson		Elected		68,007,617		98.69%		905,619		1.31%
Wilson Wang		Elected		68,004,560		98.68%		908,676		1.32%
Bindu Wyma		Elected		67,940,642		98.59%		972,594		1.41%

For details of the voting results on the other matters considered at the Meeting, see Gear's Report of Voting Results to be filed on SEDAR at www.sedar.com.

SOURCE Gear Energy Ltd.

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