Etrion Announces Results of Annual General Meeting

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| Source: Etrion Corporation

GENEVA, June 13, 2018 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Corporation”) (TSX:ETX) (OMX:ETX), a solar independent power producer, held its 2018 Annual General Meeting of Shareholders in Toronto on June 12, 2018 and the nominees listed in the management information circular were elected as directors of the Corporation. Detailed results of the vote for the election of directors are set out below:

NomineeVotes For% ForVotes Withheld% Withheld
C. Ashley Heppenstall88,702,76768.75%40,312,18031.25%
Marco A. Northland88,636,75068.70%40,378,19731.30%
Ian H. Lundin88,707,50768.76%40,307,44031.24%
Aksel Azrac88,672,70668.73%40,342,24131.27%
Garrett Soden88,675,74068.73%40,339,20731.27%

Shareholders of the Corporation also approved a resolution appointing PricewaterhouseCoopers SA as the Corporation’s auditors for the ensuing year and authorizing the directors of the Corporation to fix their remuneration.

About Etrion

Etrion Corporation is an independent power producer that develops, builds, owns and operates utility-scale solar power generation plants. The Company owns and operates 56.7 MW of solar capacity, all in Japan. Etrion also has several projects in the backlog and pipeline at different stages of development in Japan. The Company is listed on the Toronto Stock Exchange in Canada and the NASDAQ OMX Stockholm exchange in Sweden under ticker symbol “ETX”. Etrion’s largest shareholder is the Lundin family, which owns approximately 36% of the Company’s shares directly and through various trusts.

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Etrion discloses the information provided herein pursuant to the Swedish Securities Market Act. The information was submitted for publication at 8:05 a.m. CET on June 13, 2018.

For additional information, please visit the Company’s website at www.etrion.com or contact:

Christian Lacueva – Chief Financial Officer
Telephone: +41 (22) 715 20 90