Candax Energy Inc. (TSX:CAX) reported that the company has received the approval, by way of written consent in accordance with Subsection 604(d) of the Company Manual of the Toronto Stock Exchange, of a majority of its shareholders.

The press release is quoted as saying:

Candax Energy Inc. is an international energy company with its head office in Toronto and offices in London, Tunis, and Madagascar. The Candax group is engaged in exploration and the production of oil and gas and power generation in Tunisia and holds an interest in an exploration permit in Madagascar.

Click here to access the entire press release ^[1]

Click here to access Candax Energy Corporate Site ^[2]