Candax Energy Inc. Announces Election of Directors

TORONTO, ONTARIO--(Marketwired - Jun 26, 2013) - Candax Energy Inc. (CAX.TO) (the "Corporation") today announced that the nominees listed in the management proxy circular for the 2013 Annual and Special Meeting of Shareholders (the "Meeting") were elected as directors of the Corporation. Detailed results of the votes by proxy for the election of directors held at the Meeting today in Toronto are set out below.

Nominee

Votes
For

%
For

Votes
Withheld

%
Withheld

M'hamed Ali Bouleymen

468,039,084

99.24

478,733

0.10

Benoit Debray

468,412,417

99.32

105,400

0.02

Stephen Drinkwater

468,039,084

99.24

478,733

0.10

Jean Pouzet

468,412,417

99.32

105,400

0.02

Hubert Roudot

468,412,417

99.32

105,400

0.02

John Younger

468,462,417

99.33

55,400

0.01

The election of directors was conducted and approved by show of hands at the Meeting. A report of voting results for each resolution presented at the Meeting prepared in accordance with National Instrument 51-102 will be filed on www.sedar.com.

About Candax

Candax is an international energy company with offices in Toronto and Tunis. The Candax group is engaged in exploration and the production of oil and gas in Tunisia and holds an interest in an exploration permit in Madagascar.

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