SHARC International Systems Inc. (CSE: SHRC) has announced the results of its 2026 Annual General Meeting of shareholders, held on September 18, 2026. Shareholders voted to approve all matters put before the meeting, including the election of six directors and the appointment of an auditor. The meeting drew participation representing 12.93% of the company's issued and outstanding common shares, with the chairperson confirming quorum was present and the meeting properly constituted.

Key Points

  • SHARC International Systems Inc. (CSE: SHRC, OTCQB: INTWF, FSE: IWIA)
  • All resolutions put to shareholders at the September 18, 2026 AGM were approved
  • 21,347,237 common shares were voted, representing 12.93% of issued and outstanding shares
  • Investors may watch for strategic or operational updates following the reconstituted board taking office

SHARC Energy AGM Voter Turnout and Quorum Confirmed

A total of 21,347,237 common shares were voted at the meeting, either in person or by proxy, representing 12.93% of the company's issued and outstanding common shares. The chairperson confirmed that quorum was present and that the meeting was properly constituted for the transaction of business. All matters presented to shareholders received approval, signalling broad alignment between the company's board and its shareholder base on governance direction heading into the new fiscal year.

Six Directors Elected to SHARC Energy Board

Shareholders elected six individuals to serve as directors of the company until the next annual general meeting. The elected directors are Shane Dungey, Michael Albertson, Felix (Fred) Andriano, Peter Busby, Dermot Sweeny, and Kevin Hydes. The release does not disclose individual vote tallies for each director candidate. The reconstituted board will oversee SHARC Energy's operations in wastewater-based thermal energy transfer, including its heating, cooling, and hot water systems serving commercial, residential, and industrial buildings.

Davidson & Company LLP Reappointed as SHARC's Auditor

Shareholders also approved the appointment of Davidson & Company LLP as the company's auditor for the ensuing year. The reappointment of an established auditing firm is a routine but important governance matter for publicly traded companies. No additional details regarding audit fees or the scope of the engagement were disclosed in the announcement. SHARC Energy is listed on three exchanges — the CSE in Canada, the OTCQB in the United States, and the Frankfurt Stock Exchange in Germany.