VANCOUVER, British Columbia, May 8, 2023 (GLOBE NEWSWIRE) — Western Resources Corp. WRX (“Western” or “the Company”) is pleased to announce that its shareholders approved all items put to them at the Company’s Annual General Meeting (“AGM”) held today, March 10, 2023. The approved points are:

1. fixing the number of directors of the company at 7;
2. The election of Bill Xue, George Gao, Mark Fracchia, Justin Xing, Guy Bentinck, Andrew Hancharyk and Scott Nagel to the board. A total of 328,893,991 common shares, representing 80.51% of the Company’s outstanding common shares as of the record date, were present in person or by proxy at the meeting. The approximate number of these “For” votes for each Director, the approximate “Percentage” of the total votes cast, and the “Withhold/Abstain” votes for each Director are shown as follows:

3. The re-appointment of MNP LLP as auditor of the Company on a fee to be determined by the Directors with 290,705,797 shares voted “yes” representing 99.95% of the Company’s outstanding common shares and 138,392 shares voted “withhold” were voted. .

The new Board then re-elected Mr. Bill Xue as Chairman of the Company, with Mr. Justin Xing as Chairman of the Executive Committee, Mr. Mark Fracchia as Chairman of the Nominating and Evaluation Committee, Mr. Guy Bentinck as Chairman of the Audit Committee, Mr. Scott Nagel as Chairman of the Compensation Committee and Mr. Andrew Hancharyk as Chairman of the Corporate Disclosure Policy Committee. Mr. Shuai Wei and Mr. Owen Zhang are reappointed as Observers to the Board.

The Company welcomes Mr. Scott Nagel to the Western Board of Directors. Mr. Nagel brings over 30 years of grain and fertilizer experience to the company. He…