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New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") is pleased to report the voting results for the Company's annual general and special meeting of shareholders (the "Meeting") held on December 30, 2025, in Vancouver, British Columbia.
Fixing the Number and Election of Directors
Shareholders fixed the number of directors at five (5), and all five (5) of the nominees listed in NZEC's management information circular dated December 4, 2025, that were proposed by management for election to the board of directors at the Meeting were duly elected. The directors will remain in office until the next annual meeting of the Company's shareholders or until their successors are elected or appointed.
Appointment of Auditors
Shareholders appointed Crowe MacKay LLP as auditor of the Company for the upcoming year and authorized the directors of the Company to fix the remuneration of the auditor.
Approval of Stock Option Plan
The Company's incentive stock option plan, which is a rolling stock option plan that permits the issuance of up to an aggregate of 10% of the issued and outstanding common shares of the Company from time to time, was approved by shareholders.
About New Zealand Energy Corp.
NZEC is a publicly listed energy company focused on the development of oil, gas, and gas-storage opportunities in New Zealand. The Company holds interests in multiple heritage assets and development-stage projects, including the Tariki Gas Storage Project in Taranaki. With a 50% ownership stake in the Waihapa production station, the Company can quickly tie in any near-term production and sell directly to market. For more information, please visit www.newzealandenergy.com.
For further information, please contact:
Mike Adams, Chief Executive Officer
Tel: +64-6-757-4470
Email: info@newzealandenergy.com
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws, including statements with regard to the results of the Meeting. These statements address future events and conditions and are reliant on assumptions made by the Company's management, and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. As a result of these risks and uncertainties, and the assumptions underlying the forward-looking information, actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement, except as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279251
