VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 20, 2014) – DEETHREE EXPLORATION LTD. (“DeeThree” or the “Company“) (TSX:DTX)(OTCQX:DTHRF) today announced the results from its 2014 annual general and special meeting of shareholders held on May 15, 2014 in Calgary, Alberta (the “Meeting”). Each of the matters voted upon at the Meeting is discussed in detail in the Company’s Management Information Circular dated April 8, 2014, a copy of which being available on the Company’s website under “Invest – AGM” at www.deethree.ca. The voting results for each matter voted on by the shareholders at the Meeting is provided below.
1. Fixing the Number of Directors
The shareholders passed a resolution fixing the number of directors to be elected at the Meeting at seven. The vote in respect of this matter carried out by show of hands.
2. Election of Directors
All of the nominees named in the Company’s Management Information Circular were elected as directors of the Company. The vote in respect of this matter carried out by ballot. The detailed results of voting are as follows.
|Nominee||# Votes For||% Votes For||# Votes
3. Appointment of Auditor
The shareholders approved the appointment of KPMG LLP, Chartered Accountants, as the auditors of the Company to hold office until the close of the next annual meeting of shareholders of the Company at a remuneration to be fixed by the directors. The vote in respect of this matter carried out by show of hands.
4. Adoption of Advance Notice By-Law
The shareholders approved a resolution confirming the adoption of the Company’s new advance notice by-law. The vote in respect of this matter carried out by ballot, with 99.60% of votes cast being cast in favour of the resolution confirming the adoption of the advance notice by-law.
President and Chief Executive Officer