EarthRenew Announces AGM Results and Appointment of Director

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TORONTO,– EarthRenew Inc. (CSE:ERTH) (“EarthRenew” or the “Company”) is pleased to announce the appointment of Chris Best to the board of the directors of the Company and the results of its annual general and special meeting of shareholders (“AGM”) held on Friday, June 28, 2019 in Toronto Canada.

AGM Results

The nominees listed in the management information circular (the “Circular”), which was mailed to EarthRenew shareholders of record as of May 21, 2019, were elected to the board of directors of the Company to hold office until the next annual meeting of shareholders or until their successors are duly appointed or elected.

Nominee Percentage of Votes For Percentage of Votes Withheld
Keith Driver 99.953% 0.047%
Catherine Stretch 99.954% 0.046%
David Argyle 99.953% 0.047%

A total of 21,445,601 common shares were voted at the AGM, representing approximately 24.5% of the issued and outstanding common shares of the Company.

In addition, EarthRenew shareholders received the audited consolidated financial statements of the Company for the year ended December 31, 2018 and approved all of the other resolutions detailed in the Circular and put forward at the AGM, namely:

  • Re-appointing UHY McGovern Hurley LLP, Chartered Accountants, as auditor of the Company for the ensuing year and authorizing the directors to fix the auditor’s remuneration; and
  • Approving the Company’s stock option plan for the ensuing year, reserving for grant options to acquire up to a maximum of 5% of the issued and outstanding EarthRenew common shares calculated at the time of each stock option grant.

The Circular is available under EarthRenew’s profile on SEDAR at

Chris Best Appointed to Board of Directors

The Company is also pleased to announce the appointment of Chris Best to the board of directors of the Company, effective immediately.

Chris Best has over 25 years’ experience in the energy sector. He has held a variety of positions in integrated oil and gas companies, pipelines, utilities, energy marketers, and independent power producers. He has experience in accounting, credit, counterparty risk, environmental policy, forecasting, marketing, business development, trading and operations groups. Mr. Best holds a B.Comm in Finance from the University of Calgary, Faculty of Management, Haskayne School of Business.

Keith Driver, the Company’s CEO commented:

“We are very excited to have Mr. Best join the EarthRenew team. He brings a wealth of knowledge and experience from his familiarity with the electricity market regulatory environment in Alberta and across North America and his understanding of facility and capacity market development.”

Stock Option Grant

EarthRenew has granted 1,550,000 stock options to certain directors, officers and consultants of the Company pursuant to the Company’s stock option plan. The stock options vest immediately and may be exercised at a price of $0.10 per common share for a period of five years from the date of issue. This grant of options is subject to the approval of the Canadian Securities Exchange.

About EarthRenew

EarthRenew is a low-cost sustainable power-generation company with a patented production process that converts livestock waste to nutrient-rich, slow-release pelleted organic fertilizer. EarthRenew converts natural gas to electricity from an industrial-sized gas turbine which it intends to capitalize on through various revenue drivers. These include selling surplus electricity to the electrical grid and to cryptocurrency miners which can co-locate on site and to dry manure feedstock to produce high value organic fertilizer. The Company has a commercial scale operation in Strathmore, Alberta.


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Contact Information:
Keith Driver
CEO of EarthRenew
Phone: (403) 860-8623

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