Euro Manganese Announces Results of Annual General and Special Meeting
February 29 2024 - 3:37PM
Euro Manganese Announces Results of Annual General and Special
Meeting
Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt:
E06) (the "Company" or "EMN") is pleased to announce that
shareholders have voted in favour of all matters of business
brought before them at the Company's Annual General & Special
Meeting of Shareholders (the "Meeting") held on February 29, 2024.
Detailed results of the voting from the Meeting are set out below.
In respect of election of the Company's
directors, all five management nominees standing for re-election
were elected as set out below based on a vote conducted by
ballot:
Nominee |
Total Votes Cast |
Votes For |
% For |
Votes Withheld(Abstained) |
% Withheld(Abstained) |
John Webster |
108,781,419 |
106,340,951 |
97.76 |
2,440,468 |
2.24 |
Matthew P. James |
108,781,419 |
106,333,331 |
97.75 |
2,448,088 |
2.25 |
David B. Dreisinger |
108,781,419 |
106,256,256 |
97.68 |
2,525,163 |
2.32 |
Gregory P. Martyr |
108,781,419 |
106,261,136 |
97.68 |
2,520,283 |
2.32 |
Thomas M. Stepien |
108,781,419 |
106,254,136 |
97.68 |
2,527,283 |
2.32 |
Other matters of business at the Meeting, all of
which were also carried out and decided by ballot, were approved as
set out below:
|
Total Votes |
Votes For |
% For |
VotesAgainst |
% Against |
VotesWithheld/Abstained |
Resolution 2 –Approval of an increase in
directors’ fees to non-executive directors(1) |
108,781,419 |
105,582,010 |
97.06 |
3,044,277 |
2.80 |
155,132 |
Resolution 3 –Appointment of
Pricewaterhouse-Coopers LLP as Auditors of the Company |
109,400,917 |
108,119,136 |
98.83 |
Nil |
Nil |
1,281,781 |
Resolution 4 –Re-approval of the Company's Stock
Option Plan (2) |
108,781,419 |
106,088,759 |
97.52 |
2,337,857 |
2.15 |
354,803 |
Resolution 5 –Approval of Amendments to the
Company's Stock Option Plan(3) |
108,781,419 |
106,204,889 |
97.63 |
2,345,346 |
2.16 |
231,184 |
(1) In accordance with the
rules of the Australian Securities Exchange (the
"ASX"), shareholders of the Company also approved
the increase in directors’ fees to non-executive directors to
provide for an additional non-executive Director to be added during
the year from a strategic industry investor and/or to enhance
gender diversity within the Board by a majority of the votes cast,
with the 3,747,510 votes cast by directors of the Company excluded
from the vote. Based on this exclusion, the total number of votes
cast was 105,033,909, of which 101,834,500 votes were cast for the
resolution, representing 96.95% of the total votes cast, and
3,044,277 votes were cast against the resolution, representing
2.90% of the total votes cast.
(2) In accordance with the
rules of the ASX, shareholders of the Company also approved the
Company's stock option plan by a majority of the votes cast, with
the 3,747,510 votes cast by directors of the Company excluded from
the vote. Based on this exclusion, the total number of votes cast
in respect of this resolution was 105,033,909, of which 102,341,249
votes were cast for the resolution, representing 97.44% of the
total votes cast, and 2,337,857 votes were cast against the
resolution, representing 2.23% of the total votes cast.
(3) In accordance with the
rules of the ASX, shareholders of the Company also approved the
amendments to the Company's stock option plan by a majority of the
votes cast, with the 3,747,510 votes cast by directors of the
Company excluded from the vote. Based on this exclusion, the total
number of votes cast for this resolution was 105,033,909, of which
102,457,379 votes were cast for the resolution, representing 97.55%
of the total votes cast, and 2,345,346 votes were cast against the
resolution, representing 2.23% of the total votes cast.
A total of 108,781,419 common shares,
representing approximately 27.02% of the issued and outstanding
common shares of the Company eligible to vote at the Meeting, were
voted in connection with the election of the directors (resolution
1) as well as resolutions 2, 4 and 5 above. A total of 109,400,917
common shares were voted in connection with resolution 3 above,
representing approximately 27.17% of the issued and outstanding
common shares of the Company eligible to vote at the Meeting. The
results of all matters considered at the Meeting are reported in
the Report of Voting Results as filed by the Company on SEDAR at
www.sedarplus.ca.
In accordance with ASX Listing Rule 3.13.2(e),
the following information is being provided for the aggregate
number of securities for which valid proxies were received before
the Meeting:
Nominee |
Total ProxiesReceived |
Proxy directedto vote For |
Proxy directedto voteAgainst |
Proxydirected toAbstain |
Proxy couldvote at theirdiscretion |
Resolution 1 –Election of directors: |
|
|
|
|
|
John Webster |
108,781,419 |
106,340,951 |
N/A |
2,440,468 |
Nil |
Matthew P. James |
108,781,419 |
106,333,331 |
N/A |
2,448,088 |
Nil |
David B. Dreisinger |
108,781,419 |
106,256,256 |
N/A |
2,525,163 |
Nil |
Gregory P. Martyr |
108,781,419 |
106,261,136 |
N/A |
2,520,283 |
Nil |
Thomas M. Stepien |
108,781,419 |
106,254,136 |
N/A |
2,527,283 |
Nil |
Resolution 2 –Approval of an increase in
directors’ fees to non-executive directors(1) |
105,033,909 |
101,834,500 |
3,044,277 |
155,132 |
Nil |
Resolution 3 –Appointment of
Pricewaterhouse-Coopers LLP as Auditors of the Company |
109,400,917 |
108,119,136 |
N/A |
1,281,781 |
Nil |
Resolution 4 –Re-approval of the Company's Stock
Option Plan (1) |
105,033,909 |
102,341,249 |
2,337,857 |
354,803 |
Nil |
Resolution 5 –Approval of Amendments to the
Company's Stock Option Plan(1) |
105,033,909 |
102,457,379 |
2,345,346 |
231,184 |
Nil |
(1) Excludes 3,747,510 votes
cast by proxy by directors of the Company.
About Euro ManganeseEuro
Manganese is a battery materials company focused on becoming a
leading producer of high-purity manganese for the electric vehicle
industry. The Company is advancing development of the Chvaletice
Manganese Project in the Czech Republic and pursuing an opportunity
to produce battery-grade manganese products in Bécancour,
Québec.
The Chvaletice Project is a unique
waste-to-value recycling and remediation opportunity involving
reprocessing old tailings from a decommissioned mine. It is also
the only sizable resource of manganese in the European Union,
strategically positioning the Company to provide battery supply
chains with critical raw materials to support the global shift to a
circular, low-carbon economy.
Euro Manganese is dual-listed on the TSXV and
the ASX, and is also traded on the OTCQX.
Authorized for release by the CEO of Euro
Manganese Inc.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) or the ASX accepts responsibility for the
adequacy or accuracy of this release.
Inquiries |
|
Dr. Matthew JamesPresident & CEO+1-604-681-1010 ext. 101 |
Fausto TaddeiVice President, Corporate Development& Corporate
Secretary +1-604-681-1010 ext. 105 |
E-mail: info@mn25.caWebsite:
www.mn25.ca |
|
|
|
Company Address: #709 -700 West
Pender St., Vancouver, British Columbia, Canada, V6C 1G8
Euro Manganese (TG:E06)
Historical Stock Chart
From Aug 2024 to Sep 2024
Euro Manganese (TG:E06)
Historical Stock Chart
From Sep 2023 to Sep 2024