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Enter Symbol
or Name
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DXI Energy Inc
Symbol DXI
Shares Issued 103,606,088
Close 2018-06-20 C$ 0.07
Market Cap C$ 7,252,426
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DXI Energy shareholders elect five directors

2018-06-20 20:16 ET - News Release

Mr. Robert Hodgkinson reports

DXI ENERGY PROVIDES AGSM VOTING RESULTS

DXI Energy Inc. has released the results of its annual general and special meeting of shareholders held on June 20, 2018, at the company's Vancouver office.

The table sets forth a brief description of each matter which was voted upon at the meeting and the outcome of the vote.


                                  Outcome       Votes       Votes       Votes
Description of matter             of vote         for     against    withheld

1. Fix the number of directors
to be elected at the Meeting
at five (5)                        Passed     98.15%    1.85%        0.00%
2. To elect the following five
(5) nominees to serve as directors
 of DXI for the ensuing year, or
 until their successors are duly
 elected or appointed, subject to
 the provisions of the Business
 Corporations Act (B.C.) and by-laws
 of DXI:                                                                             
 Robert Hodgkinson                 Passed     95.62%    0.00%        4.38%
  Craig Sturrock                   Passed     96.05%    0.00%        3.95%
  Ronnie Bozzer                    Passed     96.36%    0.00%        3.64%
  A. Ross Gorrell                  Passed     96.56%    0.00%        3.44%
  Stan Page                        Passed     97.58%    0.00%        2.42%
3.To approve the re-appointment
  of BDO Canada LLP, Chartered
  Professional Accountants, as
  auditors of DXI to hold office
  until the next annual meeting
  or until their successors are
  appointed and to authorize the
  Board of Directors to fix their
  remuneration as such.            Passed     94.14%    0.00%        5.86%
4. To approve an ordinary
   resolution for the renewal of
   the Company's stock option plan
   effective December 17, 2009
   and amended January 6, 2012 and
   July 15, 2015 and the US
   Sub-Plan for a further three
   (3) years.                      Passed     86.31%    13.69%       0.00%
     

CEO Commentary:

"We now have completed the integration of all new data secured from our successfully drilled b-B100E well with our existing 3D seismic Woodrush data utilizing award-winning interpretive software. This exciting merged 3D template indicates significant oil prospects in the Halfway and Montney and confirmed gas prospects in the Dunleavy/Gething that will now drive the next phase of our 2018 drilling program north of Fort St. John. The Woodrush production capability profile consists of both light gravity crude and natural gas that can be adjusted to commodity price fluctuations and we remain committed to efficiently ramping production and leveraging our $12mm infrastructure while building mutually beneficial relationships with our First Nation neighbors," stated Robert L. Hodgkinson, Chairman and CEO.

About DXI Energy Inc.

DXI Energy Inc. is an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin (24,407 net acres) and the Peace River Arch region in British Columbia (13,093 net acres). DXI Energy Inc. maintains offices in Calgary and Vancouver, Canada.

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