EX-99.1 2 nxt_ex991.htm REPORT OF VOTING RESULTS Blueprint
 
 Exhibit 99.1
 
 
 
REPORT OF VOTING RESULTS
 
In accordance with section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations, this report briefly describes the matters voted upon and the outcome of the votes at the annual meeting of shareholders of NXT Energy Solutions Inc. (the Company) held on June 25, 2019 (the Meeting). A detailed description of the business of the Meeting is contained in the Information Circular dated May 10, 2019 (the Information Circular) available on the Canadian Securities Administrator's System for Electronic Document Analysis and Retrieval at www.sedar.com.
 
An aggregate of 51,018,855 common shares in the capital of the Company (being 74.40% of the common shares eligible to be voted at the Meeting) were represented at the Meeting.
 
The vote on each matter was conducted by ballot, except for matters #1 and #3 on which the votes were conducted by way of show of hands. The manner in which the proxies were voted or ballots cast, as applicable, in respect of each matter is set out below.
 
 
Description of Matter
Outcome
For
Against / Withheld
 1. 
Ordinary resolution to set the number of directors to be elected at the Meeting at five (5)
Carried
-
-
 2. 
 
The election of the following as directors of the Company to hold such office until the next annual meeting of shareholders or until their successors are duly elected or appointed:
 
 
 
 
➢ 
George Liszicasz
Carried
93.09%
6.91%
 
➢ 
Charles Selby
Carried
88.54%
11.46%
 
➢ 
John Tilson
Carried
90.09%
9.91%
 
➢ 
Thomas E. Valentine
Carried
89.16%
10.84%
 
➢ 
Bruce G. Wilcox
Carried
90.17%
9.83%
 3. 
 
Ordinary resolution to appoint KPMG LLP, Chartered Professional Accountants, as the auditors of the Company for the ensuing year at a remuneration to be determined by the board of directors of the Company
Carried
 
-
 
-
 
 4. 
 
Ordinary resolution to approve the Warrant Extension Resolution, the full text of which is reproduced as Schedule "A" to the Information Circular.*
Carried
 
92.55%
 
7.45%
 
 5. 
 
Ordinary resolution to approve the Unallocated Options Resolution, the full text of which is reproduced as Schedule "B" to the Information Circular.
Carried
 
93.13%
 
6.87%
 
 6. 
 
Ordinary resolution to approve the Deferred Share Unit Plan Resolution, the full text of which is reproduced as Schedule "C" to the Information Circular.
Carried
 
94.11%
 
5.89%
 
 
* 
This vote was conducted on a disinterested basis (i.e. excluding shares voted by interested shareholders)