Headwater Exploration Inc. announces results of directors vote

CALGARY, AB – Headwater Exploration Inc. (TSX: HWX) (“Headwater“) is pleased to announce that the nominees listed in the management information circular dated March 29, 2021 were elected as directors of Headwater at Headwater’s annual and special meeting of shareholders (the “Meeting“) held today, May 13, 2021. The detailed results of the vote for the election of directors held at the Meeting are set out below.

Election of Directors

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

Nominee	Outcome of Vote	Votes For	Votes Withheld
Chandra Henry	Elected	148,334,408 (99.996%)	5,250 (0.004%)
Jason Jaskela	Elected	146,810,655 (98.969%)	1,529,003 (1.031%)
Phillip R. Knoll	Elected	148,336,857 (99.998%)	2,801 (0.002%)
Stephen Larke	Elected	146,698,944 (98.894%)	1,640,714 (1.106%)
Kevin Olson	Elected	148,335,857 (99.997%)	3,801 (0.003%)
David Pearce	Elected	148,223,397 (99.922%)	116,261 (0.078%)
Neil Roszell	Elected	146,594,381 (98.823%)	1,745,277 (1.177%)
Kam Sandhar	Elected	138,625,705 (93.452%)	9,713,953 (6.548%)
Sarah Walters	Elected	145,841,744 (98.316%)	2,497,914 (1.684%)