Gear Energy Ltd. Announces Results of Directors Vote

CALGARY, ALBERTA--(Marketwired - May 10, 2017) - Gear Energy Ltd. ("Gear") (GXE.TO) is pleased to announce that the nominees listed in the management proxy circular dated March 31, 2017 were elected as directors of Gear. The detailed results of the vote for the election of directors held at Gear's annual meeting of shareholders held today (the "Meeting") are set out below.

On a vote by ballot, each of the following six nominees proposed by management was elected as a director of Gear:

Nominee		Outcome of Vote		Votes For		% For		Votes Withheld		% Withheld
Raymond Cej Harry English Ingram Gillmore Donald Gray John O'Connell Kevin Olson		Elected Elected Elected Elected Elected Elected		98,900,261 100,058,603 99,900,623 98,736,735 100,197,573 100,209,114		97.83 98.98 98.82 97.67 99.12 99.13		2,190,261 1,031,919 1,189,898 2,353,786 892,948 881,408		2.17 1.02 1.18 2.33 0.88 0.87

For details of the voting results on the other matters considered at the Meeting, see Gear's Report of Voting Results filed pursuant to National Instrument 51-102 on www.sedar.com.