HALIFAX, May 24, 2016 /CNW/ - Namibia Rare Earths Inc.
("Namibia Rare Earths" or the "Company") (TSX: NRE) is pleased to
announce that the shareholders voted in favour of all items of
business before the Annual Meeting of the Shareholders held in
Halifax, Nova Scotia today.
Shareholders holding 70.27% of the outstanding shares of the
Company were present in person or by proxy at the meeting.
Election of Directors
The nominees for directors listed in the management proxy
circular for the meeting were elected. Details of the vote are set
out below.
|
Nominee
|
Votes
For
|
%
For
|
Votes
Withheld
|
%
Withheld
|
|
Adrian T.
Hickey
|
52,274,815
|
99.03
|
512,455
|
0.97
|
|
Douglas J.
Jackson
|
52,243,315
|
98.97
|
543,955
|
1.03
|
|
William L.
Price
|
52,274,815
|
99.03
|
512,455
|
0.97
|
|
Bill
Koutsouras
|
52,223,315
|
98.93
|
563,955
|
1.07
|
|
Kalidas V.
Madhavpeddi
|
52,223,815
|
98.93
|
563,455
|
1.07
|
|
Gerald J.
McConnell
|
52,274,815
|
99.03
|
512,455
|
0.97
|
|
Glenn R.
Williams
|
52,330,505
|
99.13
|
456,765
|
0.87
|
Auditor Re-appointment
Deloitte LLP was re-appointed Auditors of the Company to hold
office until the next Annual Meeting or until its successor is duly
appointed.
About Namibia Rare Earths Inc.
Namibia Rare Earths Inc. is focused on the accelerated
development of the Lofdal Rare Earths Project. The common shares of
Namibia Rare Earths Inc. trade on the Toronto Stock Exchange under
the symbol "NRE".
No regulatory authority had approved or disapproved the adequacy
or accuracy of this release. The foregoing information may contain
forward-looking information relating to the future performance of
Namibia Rare Earths Inc. Forward-looking information, specifically,
that concerning future performance, is subject to certain risks and
uncertainties, and actual results may differ materially. These
risks and uncertainties are detailed from time to time in the
Company's filings with the appropriate securities commissions.
SOURCE Namibia Rare Earths Inc.