News Column

Alter NRG Corp. announces re-election of directors and approval of share consolidation

June 16, 2014



TSX - NRG

OTCQX - ANRGF


CALGARY, June 16, 2014 /CNW/ -Alter NRG (the "Company") today announced the final director election results and approval of the consolidation of the issued and outstanding common shares of the Company on the basis of up to four (4) existing common shares for one (1) new common share of the Company from its 2014 annual general and special meeting of shareholders held on June 13, 2014. Shareholders re-elected all eight incumbent directors nominated by the Company and approved the share consolidation. The results of the voting are as follows:

1.

Director:



Votes:



Kevin Bolin



Votes For: 99.97% (43,898,088)

Votes Withhold: 0.03% (14,950)



Nancy M. Laird



Votes For: 99.95% (43,892,388)

Votes Withhold: 0.05% (20,650)



Mark A. Montemurro



Votes For: 99.93%(43,882,088)

Votes Withhold: 0.07% (30,950)



Walter Howard



Votes For: 99.97% (43,898,088)

Votes Withhold: 0.03% (14,950)



Eugene A. Tenenbaum



Votes For: 99.96% (43,897,288)

Votes Withhold: 0.04% (15,750)



Paul N. Heagren



Votes For: 99.97% (43,898,088)

Votes Withhold: 0.03% (14,950)



Wayne Sim



Votes For: 99.96% (43,893,688)

Votes Withhold: 0.04% (19,350)



Scott Whitney



Votes For: 99.92% (43,879,088)

Votes Withhold: 0.08% (33,950)

2.

The approval of a special resolution approving the consolidation

of the issued and outstanding
common shares of the Company

on the basis of up to four (4) existing common shares for one

(1)
new common share.






Votes For: 98.69% (49,514,734)

Votes Against: 1.31% (656,266)



ABOUT ALTER NRG

Alter NRG provides alternative energy solutions to meet the growing demand for environmentally responsible and economically viable energy in world markets. Alter NRG's primary objective is to further commercialize the Westinghouse Plasma Gasification Technology, through a wholly-owned subsidiary, to provide renewable and clean energy solutions from a wide variety of feedstocks, and provide a wide variety of energy outputs including liquid fuels like ethanol and diesel, electrical power, and syngas.

SOURCE Alter NRG Corp.


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Canada Newswire