Independent Proxy Advisory Firms ESS and Glass Lewis recommend Kolibri Global Energy Inc.
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- Your vote is important no matter how many Kolibri shares the host.
- Kolibri’s board of directors has carefully reviewed the amendment of the share limit and decided that its adoption would be harmful to the shareholders and not the good intentions of the company.
- Management and the Board unreasonably recommend that shareholders vote against the proposed resolution.
- For assistance with voting, please contact Barbara Fox by phone at 1-805-484-3613 EXT. 231, or by email at bfox@kolibrievergy.com.
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Thousand Oaks, Calif. – Kolibri Global Energy Inc. (The “Company” or “Hummingbird”) (TSX: Kei, Nasdaq: KGEI) he announces that two warm consulting firms, the centers of ShareCler Chorser Cerservices Inc. (“Boiling“) and Glass Lewis & Co LLC (“Lewis of glass“) Have each recommended that the shareholders vote on a resolution to amend the company’s trademark notice to include the number of ordinary shares that the company is authorized to issue at 37,367,894 (The”Share a limit proposal“) The company’s special meeting of shareholders scheduled for November 25, 2025 (The”The meeting“) The decision was proposed by the company’s shareholder, TFG Assets Management UK LLP (” TFG “), who also attended the meeting.
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ISS and Glass Lewis Recommendations
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In making its recommendations that the shareholders vote ” – Facing each other“The share limit proposal, indicated that:
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“As the board has shown, the proposal of the share limit can reduce the strategic option, increase the cost
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and manages the company’s ability to exercise its stock compensation plans. The board is well aware that several stock exchange policies and certain securities laws already limit the company’s ability to reduce certain significant issuances without shareholder approval. At the same time, TFG has not disclosed the mandatory use of the limit that can prove the burden. “
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In making its recommendations” – Facing each other“On the proposal for a quota limit, Lig Glass Lewis concluded that:
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“In this case, we do not find the allocation methods of the high city to be related, and we do not believe that there is anything obvious or compelling that, as of the date of writing this report that will be reduced by the company’s money to spend on Communication. Therefore, there is no understanding as to why such a reduction would be necessary or benefit the company and its shareholders who do not agree with him at this time.
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Accordingly, we recommend that shareholders vote on the Management Green Proxy Card against this proposal. “
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Board recommendation
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Kolibri’s Board of Directors (The “Get on board“) He carefully reviewed the share limit proposal and I decided that its acceptance would be harmful to the shareholders and not the good intentions of the company. The management and the Board clearly recommend that the shareholders vote against the share limit proposal.
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Meeting Details
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The meeting is scheduled for 9:00 AM (Pacific time) on November 25, 2025, at Whatt Regency Westlake, 880 South Westlake BLVD., Westlake Village, CA 91361, United States. Stockholders of record as of the close of business on October 6, 2025, are entitled to notice and vote at the meeting. Shareholders are urged to vote before the meeting and, in any event, before the voting deadline of 9:00 a.m. (Pacific time) on November 21, 2025.
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How to vote a vote
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- Registered Shareholders. You are a registered shareholder if you are registered as a Kolibri shareholder in the company’s share register maintained by its transfer agent, “Computer“):
- Online: Go to: www.investorvote.com, enter the 15-digit control number printed on your green proxy form and follow the on-screen instructions.
- Telephone: Call 1-866-732-8683, (Toll Free
- Unregistered shareholders. You are a non-registered (beneficial) person if your broker, stockbroker, trust company, Customian, nominee or other intermediary holds your Kolibri shares for you:
- Online: Go to www.proxyvote.com, enter the 16-digit control number printed on your green voting instruction form and follow the on-screen instructions.
- Telephone: Call 1-800-474-7493 (English) or 1-800-474-7501 (French), enter the 16-digit control number printed on your voting instruction form and follow the recording instructions.
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Registered shareholders who need to contact their voting control numbers should contact us by telephone at 1-800-564-6253 (toll-free in North America) or 1-5155 (outside North America). Non-registered shareholders who need their voting control numbers should contact their broker or other intermediary.
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Stock questions and voting help
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Shareholders who have questions about the information contained in Kolibri’s circular management information or require assistance with the voting process may contact Barbara Fox at 805-484-3613. 231 or bFox@kolo@kolibrienergyrgy.comAbout Kolibri Global Energy Inc. Kolibri Global Energy Inc. is a North American energy company specializing in the discovery and exploitation of energy projects in oil and gas. Through various investments, the company owns and operates energy facilities in the United States. The company continues to use its technical and operational expertise to identify and acquire additional oil and gas projects. The company’s shares are traded on the Toronto Stock Exchange under the stock symbol kei and on Nasdaq under the stock symbol kgei.
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View the source version at Businesswire.com:
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https://www.businesswire.com/news/home/20251111022476/
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For more information, contact:
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Wolf E. Revener +1 (805) 484-3613
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