Gear Energy Ltd. Announces Change of Location for Annual Meeting of Shareholders

The details of the Meeting are as follows:

As advised in Gear’s proxy materials, in-person attendance at the Meeting will be restricted to essential personnel and registered shareholders and proxyholders entitled to attend and vote at the Meeting. Gear continues to strongly encourage shareholders not to attend the Meeting in person and to vote their common shares prior to the Meeting by following the instructions set out in the proxy materials for the Meeting, copies of which are available on Gear’s profile on SEDAR at www.sedar.com and on Gear’s website at http://www.gearenergy.com/financial-reports.   

A conference call line will be provided for shareholders to follow along with the Meeting. Shareholders will not be able to vote on the conference call. Management of Gear does not intend to provide a corporate presentation following the formal portion of the Meeting.

Dial-in instructions for the conference call are as follows:

Gear will continue to monitor the ongoing COVID-19 pandemic and will follow all recommendations and instructions of governments and public health authorities. Any future updates with respect to the Meeting will be provided by news release and posted on Gear’s website.