Westbridge Renewable Announces Voting Results and Completion of Continuation

Westbridge Renewable Energy Corp. held a special shareholders’ meeting on 7 April 2026. Over 85 % of outstanding shares voted, and >99 % approved the corporate continuation from British Columbia to Luxembourg, converting the company into a public limited company (S.A.) under Luxembourg law. The TSX Venture Exchange gave conditional approval; trading symbols are expected to remain unchanged on the TSXV, OTCQX and Frankfurt exchanges. Two new independent directors, Riccardo del Tufo and Flora Nachawati, were elected. The company will continue reporting as a Canadian issuer.

• Scope: Purely corporate‑structure change; no immediate effect on project timelines, cash flows or balance sheet.
• Market expectation: The continuation has been announced since March 12 2026 and was anticipated by investors. The vote outcome (>99 % in favour) confirms execution but adds little new information.
• Capital markets: Retaining TSXV/OTCQX listings preserves existing liquidity channels; conditional exchange approval introduces a minor regulatory risk that will resolve shortly. No dilution or financing is attached to the move.
• Board refresh: Adding two independent directors modestly improves governance perception but does not materially alter strategy.

Overall, the news confirms a planned jurisdictional shift without altering financial fundamentals. It is therefore a routine positive development.

Westbridge Renewable develops utility‑scale solar photovoltaic (PV) farms paired with battery energy storage systems (BESS) across North America and Europe. Flagship projects include:
- Dolcy Solar + Energy Storage – 300 MWac PV, 100 MW/200 MWh BESS, “ready‑to‑build” in Alberta.
- Red Willow Solar & Battery – up to 225 MWac PV, 200 MWh BESS, awaiting interconnection filings.

The portfolio aims to deliver clean power and ancillary services, leveraging long‑term PPAs and strategic land acquisitions.