19:51:20 EDT Tue 21 Apr 2026
Enter Symbol
or Name
USA
CA



First Atlas Resources Corp
Symbol HHE
Shares Issued 122,164,089
Close 2026-04-20 C$ 0.11
Market Cap C$ 13,438,050
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First Atlas shareholders approve all matters at AGM

2026-04-21 12:44 ET - News Release

Subject: No Subject! PDF Document

File: Attachment 260421 News Release AGM and 2026 Plan.pdf

First Atlas Resources Corp. Announces AGM Results and Updated Omnibus Equity Plan

April 21, 2026 Vancouver, British Columbia. First Atlas Resources Corp. (the "Company") (CSE: HHE) (Frankfurt: 0NB) (OTCPK: BTKRF) is pleased to announce that the shareholders approved all matters put forth for approval at the annual meeting held on April 15, 2026.

The shareholders re-elected Richard Penn, Krystal Pineo, Kwaku Ashong, and Matheiu Piche to the board of directors and re-appointed Manning Elliott LLP to be the auditors of the Company.

The shareholders also approved the Company's 2026 Omnibus Equity Incentive Plan (the "Plan"). This Plan is designed to enhance the Company's ability to attract, retain, and motivate qualified directors, officers, employees, and consultants while aligning their interests with those of shareholders. The Omnibus Equity Incentive Plan provides a flexible and comprehensive framework for granting equity-based awards, including stock options, restricted share units (RSUs), performance share units (PSUs), and deferred share units (DSUs). The Plan aims to reward eligible participants for their contributions to the Company's success and to encourage long-term investment in the Company's shares.

The Plan reserves up to 20% of the Company's total issued and outstanding shares for awards under the Plan, adhering to the "evergreen" structure. Shares subject to expired or terminated awards will become available for future grants.

Awards under the Plan are subject to a range of vesting schedules and performance criteria as determined by the Company's Board of Directors or its delegate.

Specific limits ensure compliance with regulatory standards, including restrictions on grants to insiders, consultants, and those engaged in investor relations activities.

For further information about the meeting, please see the Management Information Circular filed under the Company's profile on www.sedarplus.ca.

On behalf of the Board of Directors

Richard Penn CEO (778) 384-8923

Cautionary Statement

Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for the Company as described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which are available at www.sedarplus.ca.

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