Canexus Corporation's Shareholders Approve Resolutions at Annual Meeting

CALGARY, AB--(Marketwired - June 29, 2016) - Canexus Corporation (CUS.TO) held its Annual General Meeting of Shareholders in Calgary on June 29, 2016. A total of 64,192,027 shares (34.35% of the total issued and outstanding shares) were represented in person or by proxy. The voting results for the resolution to elect individual directors were as follows:

Outcome of Vote

Nominee

For

%

Withheld

%

Non-Vote

David R. Collyer

61,893,842

96.42

2,298,185

3.58

0

Stephanie L. Felesky

62,213,149

96.92

1,978,878

3.08

0

Hugh A. Fergusson

62,247,595

96.97

1,944,432

3.03

0

Douglas P. Hayhurst

62,292,475

97.04

1,899,552

2.96

0

Arthur N. Korpach

62,272,954

97.01

1,919,073

2.99

0

William J. McAdam

62,156,143

96.83

2,035,884

3.17

0

Richard A. Ott

61,926,343

96.47

2,265,684

3.53

0

R. Douglas Wonnacott

62,134,640

96.79

2,057,387

3.21

0

The Report of Voting Results which provides details of all matters voted upon at the meeting is available for viewing at www.sedar.com.

About Canexus

Canexus produces sodium chlorate and chlor-alkali products largely for the pulp and paper and water treatment industries. Our four plants in Canada and two at one site in Brazil are reliable, low-cost, strategically located facilities that capitalize on competitive electricity costs and transportation infrastructure to minimize production and delivery costs. Canexus also provides fee-for-service hydrocarbon transloading services to the oil industry from its terminal at Bruderheim, Alberta. Canexus targets opportunities to maximize shareholder returns and delivers high-quality products to its customers and is committed to Responsible Care® through safe operating practices. Canexus' common shares (CUS) and debentures (Series IV - CUS.DB.B; Series V - CUS.DB.C; Series VI - CUS.DB.D) trade on the Toronto Stock Exchange. More information about Canexus is available at www.canexus.ca.

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