Business
Molten Metals Announces Results of Annual General Meeting and Additions to Board
Vancouver, B.C. – TheNewswire - March 14, 2023 – MOLTEN METALS CORP. (the “Company”) (CSE:MOLT) today announced that shareholders approved all matters considere
About this update from Molten Metals Corp.
[{"type":"text","content":"Vancouver, B.C. – TheNewswire - March 14, 2023 – MOLTEN METALS CORP. (the “Company”) (CSE:MOLT) today announced that shareholders approved all matters considered at the Company’s annual general and special meeting of shareholders (“AGM”) held March 13, 2023. Details of the voting results are presented below. Voting Results Full details of the following matters that were voted on at the AGM are set out in the Company’s Management Information Circular dated February 17, 2023 (the “Information Circular”), which is available on SEDAR at https://sedar.com/. AGM Results A total of 10,440,288 common shares were voted at the AGM, representing approximately 61.725% of the issued and outstanding common shares of the Company, voting results for the election of directors are as follows: Nominee Outcome of Vote Votes By Poll % of Votes For % of Votes Withheld Lara Smith Carried 100 0 Jon Harris Carried 100 0 Hugh Oswald Carried 100 0 Simon Hobson Carried 100 0 Joel Montgomery Carried 100 0 Christopher Ecclestone Withheld 0.01 99.99 Additionally, the shareholders voted to: (1) fix the size of the board of directors at five; (2) reapprove the Company’s Stock Option Plan (the “Stock Option Plan”); (3) approve of Advance Notice Policy; (4) reapprove Smythe LLP as the auditor for the ensuing year (or until their successor is appointed) and authorize the directors to fix their remuneration. Results of the shareholder votes on these items are set forth below: Resolution Outcome of Vote Votes By Poll % of Votes For % of Votes Withheld % of Votes Against Set Number of Directors (Set at Five) Carried 100 N/A N/A Reapproval of Stock Option Plan Carried 100 N/A N/A Approval of Advance Notice Policy Carried 100 N/A N/A Reapproval of Smythe LLP as Auditor Carried 100 N/A N/A Option Grant Approving the Company's Stock Option Plan for the ensuing year, reserving for grant options to acquire up to a maximum of 10% of the issued and outstanding Molten Metals Corp., common shares calculated at the time of each stock option grant. “Thank you to everyone who voted. It’s truly inspiring to see the commitment our shareholders have to our company’s success. A special thank you must be extended to our Director, Hugh Oswald and Company Secretary, Brooklyn Reed for their efforts in organising the proxy vote brought forward by former CEO, Christopher Eccl...