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Press release from Marketwire

Canexus Corporation's Shareholders Approve Resolutions at Annual Meeting

Friday, May 10, 2013

Canexus Corporation's Shareholders Approve Resolutions at Annual Meeting

11:44 EDT Friday, May 10, 2013

CALGARY, ALBERTA--(Marketwired - May 10, 2013) - Canexus Corporation (TSX:CUS) held its Annual Meeting of Shareholders in Calgary on May 9, 2013. A total of 75,337,963 shares (55.46% of the total issued and outstanding shares) were represented in person or by proxy. The voting results for the resolutions to elect individual directors were as follows:

Outcome of Vote
Nominee For % Withheld % Non-Vote
Stephanie L. Felesky 74,216,517 99.33 500,589 0.67 620,857
Hugh A. Fergusson 74,373,471 99.54 343,635 0.46 620,857
Douglas P. Hayhurst 74,387,047 99.56 330,059 0.44 620,857
Arthur N. Korpach 74,230,228 99.35 486,878 0.65 620,857
Gary L. Kubera 74,400,346 99.58 316,760 0.42 620,857
William J. McAdam 74,351,746 99.51 365,360 0.49 620,857
Richard A. Ott 74,333,897 99.49 383,209 0.51 620,857
Lyall C. Work 74,223,251 99.34 493,855 0.66 620,857

An additional resolution to appoint Deloitte LLP as independent auditor of the Corporation was also approved. The Report of Voting Results 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 and gas industry from its terminal at Bruderheim, Alberta. Canexus targets opportunities to maximize shareholder returns and delivers high-quality products to its customers. Canexus' common shares (CUS) and debentures (Series I - CUS.DB; Series III - CUS.DB.A; Series IV - CUS.DB.B) trade on the Toronto Stock Exchange. More information about Canexus is available at www.canexus.ca.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Canexus Corporation
Gary Kubera
President and CEO
(403) 571-7300


Canexus Corporation
Richard McLellan
CFO
(403) 571-7300
www.canexus.ca

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