Stardust Solar Energy Inc. Announces Annual Meeting Results
Rhea-AI Summary
Stardust Solar Energy (TSXV: SUN, OTCQB: SUNXF, FSE: 6330) reported that all resolutions at its June 30, 2026 Annual Meeting were approved. Shareholders elected five directors, reappointed Davidson & Company as auditor, increased the maximum common shares reserved under the Omnibus Plan to 9,949,048, and ratified the amended Omnibus Plan dated May 20, 2026.
Positive
- None.
Negative
- None.
News Explained
The June 30 meeting approved a larger share-award reserve, but the release reports no immediate issuance or ownership change.
At the
The approval raises the number of common shares authorized to be reserved for share unit awards; it is an authorization under the plan, not a report that shares were issued at the meeting.
The disclosed structural change is therefore a larger potential share reserve, while any effect on existing ownership would depend on awards and subsequent share issuance that the release does not specify.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2026) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) (the "Company") announces that at the Company's June 30, 2026 Annual Meeting (the "Meeting"), all proposed resolutions set out in the Company's Management Proxy Circular dated May 29, 2026 (the "Circular") were passed at the Meeting.
At the Meeting:
(i) Mark Tadros, Vitaly Melnikov, Eamonn McHugh, Paul Baluch and Chad Rickaby were elected directors of the Company;
(ii) Davidson & Company, Chartered Professional Accountants, were appointed Auditor of the Company for the ensuing year at a remuneration to be fixed by the directors;
(iii) A share unit awards increase in the number of maximum common shares authorized to be reserved under the Company's Omnibus Plan, to total a maximum of 9,949,048 common shares, was ratified, confirmed and approved; and
(iv) the Company's Omnibus Plan, as amended, and dated for reference May 20, 2026 was ratified, confirmed and approved, as attached as Schedule "B" to the Circular.
About Stardust Solar Energy Inc.
Stardust Solar Energy is a globally expanding renewable energy company supporting the installation, development, training, and deployment of residential, commercial, and utility-scale solar solutions across international markets. The Company operates a diversified solar royalty platform generating recurring revenue through franchise installation operations, accredited training and development licenses and subscriptions, and technology-driven innovation initiatives. Through formal engagement with governments, utilities, and commercial stakeholders, the Company is scaling renewable energy capacity worldwide.
This press release was prepared on behalf of the Board of Directors, which accepts full responsibility for its content.
STARDUST SOLAR ENERGY INC.
/s/ Mark Tadros
CEO, Chairman and Director
Media and Investor Contacts:
Erica Bearss, MBA, DBA (c)
VP Corporate Communications
investors@stardustsolar.com
www.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 USA
Follow us on Facebook | LinkedIn | Instagram
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/305041