Stardust Solar Energy Inc. Announces Annual Meeting Results/Shareholder Approval of New By-Law No. 1 with Advance Notice Provisions
Stardust Solar Energy (OTCQB: SUNXF) reported results of its Annual and Special Meeting held September 18, 2025. All resolutions in the August 17, 2025 Information Circular were approved.
Key actions approved include election of Mark Tadros, Vitaly Melnikov, Eamonn McHugh, Ohad David, and Paul Baluch as directors; appointment of Davidson & Company as auditor; ratification of the Amended Omnibus Plan (effective September 24, 2025); and an increase in maximum share unit awards to 8,880,014 common shares. Shareholders also ratified By-Law No. 1 effective July 30, 2025, which introduces advance notice provisions for director nominations. By-Law No. 1 is available on SEDAR+.
Stardust Solar Energy (OTCQB: SUNXF) ha riportato i risultati della sua Assemblea annuale e speciale tenutasi il 18 settembre 2025. Tutte le risoluzioni nell'Informativa circolare del 17 agosto 2025 sono state approvate.
Le azioni chiave approvate includono l'elezione di Mark Tadros, Vitaly Melnikov, Eamonn McHugh, Ohad David e Paul Baluch come direttori; nomina di Davidson & Company come revisore; ratifica del Piano Omnibus Modificato (in vigore dal 24 settembre 2025); e un aumento del massimo delle assegnazioni di unità azionarie a 8.880.014 azioni ordinarie. Anche i azionisti hanno ratificato lo Statuto No. 1 in vigore dal 30 luglio 2025, che introduce disposizioni di preavviso per le nomine dei direttori. Lo Statuto No. 1 è disponibile su SEDAR+.
Stardust Solar Energy (OTCQB: SUNXF) informó los resultados de su Junta Anual y Extraordinaria celebrada el 18 de septiembre de 2025. Todas las resoluciones en la Circular de Información del 17 de agosto de 2025 fueron aprobadas.
Las acciones clave aprobadas incluyen la elección de Mark Tadros, Vitaly Melnikov, Eamonn McHugh, Ohad David y Paul Baluch como directores; nombramiento de Davidson & Company como auditor; ratificación del Plan Omnibus Enmendado (vigente desde el 24 de septiembre de 2025); y un aumento en las asignaciones máximas de unidades de acciones a 8,880,014 acciones comunes. Los accionistas también ratificaron el Estatuto No. 1 vigente desde el 30 de julio de 2025, que introduce disposiciones de aviso previo para las nominaciones de directores. El Estatuto No. 1 está disponible en SEDAR+.
Stardust Solar Energy (OTCQB: SUNXF)는 2025년 9월 18일에 개최된 연례 및 특별 주주총회 결과를 발표했습니다. 2025년 8월 17일 정보공개의 모든 의안이 승인되었습니다.
승인된 핵심 조치에는 이사 선임 Mark Tadros, Vitaly Melnikov, Eamonn McHugh, Ohad David, 및 Paul Baluch의 선임; 감사인 Davidson & Company의 임명; 개정된 옴니버스 계획의 비준(2025년 9월 24일 발효); 및 최대 주식 보상 단위 수를 8,880,014주 일반주로 상향하는 것이 포함됩니다. 주주들은 또한 2025년 7월 30일부터 시행되는 정관 제1호를 비준했으며, 이는 이사 선임에 대한 사전 통지 조항을 도입합니다. 정관 제1호는 SEDAR+에서 확인할 수 있습니다.
Stardust Solar Energy (OTCQB: SUNXF) a communiqué les résultats de son Assemblée générale annuelle et extraordinaire du 18 septembre 2025. Toutes les résolutions de la Circulaire d'information du 17 août 2025 ont été approuvées.
Les actions clés approuvées incluent l'élection de Mark Tadros, Vitaly Melnikov, Eamonn McHugh, Ohad David et Paul Baluch en tant que administrateurs; la nomination de Davidson & Company comme auditeur; la ratification du Plan Omnibus Modifié (entré en vigueur le 24 septembre 2025); et une augmentation du maximum des attributions d'unités d'actions à 8 880 014 actions ordinaires. Les actionnaires ont également ratifié la Règlementation No. 1 en vigueur au 30 juillet 2025, qui introduit des dispositions de préavis pour les nominations des administrateurs. La Règlementation No. 1 est disponible sur SEDAR+.
Stardust Solar Energy (OTCQB: SUNXF) berichtete über die Ergebnisse ihrer Jahres- und Sondersitzung vom 18. September 2025. Alle Beschlüsse der Informationsmitteilung vom 17. August 2025 wurden einstimmig angenommen.
Zu den wichtigsten genehmigten Maßnahmen gehören die Wahl von Mark Tadros, Vitaly Melnikov, Eamonn McHugh, Ohad David und Paul Baluch als Direktoren; Ernennung von Davidson & Company als Abschlussprüfer; Bestätigung des Geänderten Omnibusplans (in Kraft ab dem 24. September 2025); und eine Erhöhung der Höchstanzahl von Aktienzuteilungen auf 8.880.014 Stammaktien. Die Aktionäre ratifizierten außerdem Satzung Nr. 1, die am 30. Juli 2025 in Kraft trat und Vorausmitteilungsbestimmungen für Direktornominierungen einführt. Satzung Nr. 1 ist auf SEDAR+ verfügbar.
Stardust Solar Energy (OTCQB: SUNXF) أصدرت نتائج اجتماعها السنوي والاجتماع الخاص المنعقد في 18 سبتمبر 2025. تم اعتماد جميع القرارات الواردة في النشرة المعلوماتية الصادرة في 17 أغسطس 2025.
تشمل الإجراءات الأساسية المعتمدة انتخاب Mark Tadros, Vitaly Melnikov, Eamonn McHugh, Ohad David, و Paul Baluch كمديرين؛ تعيين Davidson & Company كمراجع حسابات؛ التصديق على الخطة المعدلة الشاملة (سارية اعتباراً من 24 سبتمبر 2025)؛ وزيادة الحد الأقصى لمنح أسهم الوحدات ليصل إلى 8,880,014 سهماً عاديّاً. كما صدّق المساهمون على اللائحة رقم 1 المعمول بها اعتباراً من 30 يوليو 2025 والتي تُدخل أحكام الإخطار المسبق لترشيحات المدراء. اللائحة رقم 1 متاحة على SEDAR+.
Stardust Solar Energy (OTCQB: SUNXF) 报告了其于2025年9月18日举行的年度及特别股东大会的结果。2025年8月17日的信息通报中的所有决议均获批准。
批准的关键行动包括选举Mark Tadros, Vitaly Melnikov, Eamonn McHugh, Ohad David, 和 Paul Baluch为董事；任命Davidson & Company为审计师；批准修订后的综合计划（自2025年9月24日生效）；并将最多股单位奖励提高至8,880,014股普通股。股东还通过自2025年7月30日起生效的第1号章程，该章程为董事提名引入提前通知条款。第1号章程可在SEDAR+上查看。
- Board refreshed with five directors elected on September 18, 2025
- Auditor appointed: Davidson & Company named for ensuing year
- Omnibus plan ratified, supporting ongoing equity compensation
- By-Law No. 1 adopted with advance notice provisions to clarify nominations
- Maximum share unit awards increased to 8,880,014, raising potential share-based dilution
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) ("Stardust Solar" or the "Corporation") announces that at the Corporation's September 18, 2025, Annual and Special Meeting (the "Meeting"), all proposed resolutions set out in the Company's Information Circular dated August 17, 2025 were passed at the Meeting.
At the Meeting:
(i) Mark Tadros, Vitaly Melnikov, Eamonn McHugh, Ohad David and Paul Baluch were elected directors of the Corporation;
(ii) Davidson & Company, Chartered Professional Accountants, were appointed Auditor of the Corporation for the ensuing year at a remuneration to be fixed by the directors;
(iii) The Corporation's Amended Omnibus Plan of the Corporation dated effective September 24, 2025, as amended on August 11, 2025 was ratified, confirmed and approved; and
(iv) A share unit awards increase under the Amended Omnibus Plan, to total a maximum of 8,880,014 common shares for share unit awards under the Amended Omnibus Plan was ratified, confirmed and approved.
Also at the Meeting and further to the Company's August 8, 2025 news release, shareholders ratified, confirmed and approved the Corporation's new Canada Business Corporations Act by-law being a by-law relating generally to the conduct of the business and affairs of the Corporation ("By-Law No. 1"), and including and introducing an advance notice requirement in connection with shareholders intending to nominate directors in certain circumstances (the "Advance Notice Provisions"). By-Law No. 1 is attached as Schedule "B" to the Corporation's Meeting Management Proxy Circular dated August 17, 2025.
A copy of By-Law No. 1 dated effective July 30, 2025 can be accessed under the Corporation's SEDAR+ corporate profile at www.sedarplus.ca.
About Stardust Solar Energy Inc.
Stardust Solar is a North American franchisor of renewable energy installation services, specializing in solar panels (PV), energy storage systems, and electric vehicle supply equipment. The Company equips entrepreneurs with branded business management services, cutting-edge equipment, and comprehensive support, including marketing, sales, engineering, and project management. With franchises across Canada and the United States, Stardust Solar drives the adoption of clean energy solutions that boost economic development and create a more sustainable future.
This press release was prepared on behalf of the Board of Directors, which accepts full responsibility for its content.
STARDUST SOLAR ENERGY INC.
Mark Tadros
CEO, Chairman and Director
Investor and Media Contact:
Erica Bearss, MBA, DBA (c) | VP Corporate Communications
Connect: investors@stardustsolar.com
Stardust Solar Energy Inc.
B101-9000 Bill Fox Way, Burnaby BC V5J 5J3 - Canada
732 S 6th St, STE N, Las Vegas, NV 89101
www.stardustsolar.com
DISCLAIMER
The information in this news release includes certain information and statements about management's view of future events, expectations, plans, and prospects that constitute forward-looking statements, including statements relating to the adoption, effectiveness, and ratification of New By-Law No. 1, and the Advance Notice Provisions on the Corporation's corporate governance. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties, and as a result of a variety of factors, actual results, expectations, achievements, or performance may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from those forward-looking statements or from future results. Although the Corporation believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurances that the expectations of any such statements will prove to be correct. Except as required by law, the Corporation disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270806
FAQ
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