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Canexus Corporation's Shareholders Approve Resolutions at Annual Meeting

CALGARY, ALBERTA -- (Marketwired) -- 05/08/14 -- Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus") held its Annual General and Special Meeting of Shareholders in Calgary on May 8, 2014. A total of 116,558,205 shares (64.48% 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
----------------------- ----------------------------------------------------
David R. Collyer           113,563,446   98.17   2,111,442   1.83    883,317
Stephanie L. Felesky       113,525,956   98.14   2,148,932   1.86    883,317
Hugh A. Fergusson          111,118,981   96.06   4,555,907   3.94    883,317
Douglas P. Hayhurst        111,256,304   96.18   4,418,584   3.82    883,317
Arthur N. Korpach          109,937,535   95.04   5,737,353   4.96    883,317
William J. McAdam          113,618,867   98.22   2,056,021   1.78    883,317
Richard A. Ott             113,612,969   98.22   2,061,919   1.78    883,317

The Report of Voting Results which provides details of all matters voted upon at the meeting 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 industry from its terminal at Bruderheim, Alberta. Canexus targets opportunities to maximize shareholder returns and delivers high-quality products to its customers and is committed to Responsible Care® through safe operating practices. Canexus common shares (CUS) and debentures (Series III - CUS.DB.A; Series IV - CUS.DB.B; Series V - CUS.DB.C) trade on the Toronto Stock Exchange. More information about Canexus is available at www.canexus.ca.

Contacts:
Canexus Corporation
Richard McLellan
Senior VP, Finance & CFO
(403) 571-7300

Canexus Corporation
Lavonne Zdunich
Investor Relations
(403) 571-7356
www.canexus.ca

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