Updated Corporate Presentation Available on Corridor Website and Shareholders Approve Resolutions at Annual Meeting
HALIFAX, NOVA SCOTIA--(Marketwired - May 22, 2015) - (TSX:CDH): Corridor Resources Inc. ("Corridor") announced today that Steve Moran, President and CEO, made a corporate presentation at the annual meeting of shareholders held on May 21, 2015 (the "Shareholders' Meeting"). A copy of the new corporate 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 2015 Shareholders' Meeting and the Management Information Circular dated April 22, 2015, which are available on SEDAR at www.sedar.com under Corridor's profile. A total of 35,892,076 common shares were voted by proxy at the Shareholders' Meeting, representing 40.50% 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
By resolution passed by show of hands, 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. Proxies were received as follows:
| Votes For | Votes Withheld | ||
| J. Douglas Foster | 28,440,486 93.36% | 2,021,743 6.64% | |
| Martin Fräss-Ehrfeld | 28,382,161 93.17% | 2,080,068 6.83% | |
| Stephen J. Moran | 28,767,161 94.44% | 1,695,068 5.56% | |
| Phillip R. Knoll | 28,433,411 93.34% | 2,028,818 6.66% | |
| Norman W. Miller | 28,526,797 93.65% | 1,935,432 6.35% | |
| Robert D. Penner | 28,491,246 93.53% | 1,970,983 6.47% | |
| W.C. (Mike) Seth | 28,390,381 93.20% | 2,071,848 6.80% | |
| James S. McKee | 28,766,881 94.43% | 1,695,348 5.57% |
- Appointment of Auditor
By resolution passed by show of hands, PricewaterhouseCoopers LLP, Chartered Accountants, was appointed as auditor of Corridor for the ensuing year with the directors to fix the auditor's remuneration. Proxies were received as follows:
| Votes For | Votes Withheld | |
| 35,854,322 99.89% | 37,754 0.11% | |
Corridor is an Eastern 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 discovered unrecoverable resources in Elgin, New Brunswick and a 21.67% interest in Anticosti Hydrocarbons, a joint venture which has undiscovered resources on Anticosti Island, Québec.
Contact
Corridor Resources Inc.
Steve Moran
President and CEO
(902) 429-4511
(902) 429-0209
www.corridor.ca
