HALIFAX, May 13, 2016 -
Corridor Resources Inc. ("Corridor") (TSX:CDH) announces that Steve Moran, President and CEO, made a corporate presentation at the annual meeting of shareholders held on May 12, 2016 (the "Shareholders' Meeting"). A copy of this presentation is available on Corridor's website at www.corridor.ca.
Corridor is also pleased to announce that shareholders approved at the Shareholders' Meeting each of the resolutions set forth in the Notice of 2016 Shareholders' Meeting and the Management Information Circular dated April 11, 2016, which are available on SEDAR at www.sedar.com under Corridor's profile. A total of 40,363,078 common shares were voted at the Shareholders' Meeting, representing 45.55% of the issued and outstanding common shares of Corridor.
The voting results for each matter presented at the Shareholders' Meeting are provided below:
1. Election of Directors
The following eight nominees were elected as directors of Corridor to serve until the next annual meeting of the shareholders of Corridor or until their successors are elected or appointed. Each of the resolutions electing the directors was conducted by ballot, with the following results:
| Votes For | Votes Withheld |
| J. Douglas Foster | 23,266,504
85.84% | 3,836,773
14.16% |
| Martin Fräss-Ehrfeld | 22,900,810
84.49% | 4,202,467
15.51% |
| Stephen J. Moran | 23,399,004
86.33% | 3,704,273
13.67% |
| Phillip R. Knoll | 23,289,004
85.93% | 3,814,273
14.07% |
| Norman W. Miller | 23,399,404
86.33% | 3,703,873
13.67% |
| Robert D. Penner | 23,288,904
85.93% | 3,814,373
14.07% |
| W.C. (Mike) Seth | 23,289,404
85.93% | 3,813,873
14.07% |
| James S. McKee | 23,356,304%
86.18% | 3,746,973
13.82%
|
2. Appointment of Auditor
PricewaterhouseCoopers LLP, Chartered Accountants, was appointed as auditor of Corridor for the ensuing year with the directors to fix the auditor's remuneration. The resolution appointing the auditor was conducted by ballot, with the following result:
| Votes For | Votes Withheld |
| 36,961,291
91.57% | 3,401,789
8.43% |
Corridor is a Canadian junior resource company engaged in the exploration for and development and production of petroleum and natural gas onshore in New Brunswick and Québec and offshore in the Gulf of St. Lawrence. Corridor currently has natural gas production and reserves in the McCully Field near Sussex, New Brunswick. In addition, Corridor has a shale gas prospect in New Brunswick, an offshore conventional hydrocarbon prospect in the Gulf of St. Lawrence and an unconventional hydrocarbon prospect through a 21.67% interest in Anticosti Hydrocarbons L.P., a joint venture which has undiscovered resources on Anticosti Island, Québec.
Contact
Steve Moran, President and CEO
Corridor Resources Inc.
(902) 429-4511
(902) 429-0209
www.corridor.ca
