Business
Nano One Announces Results of Annual and Special Meeting
Receives Shareholder Approval for Amendments to Its Articles Vancouver, British Columbia--(Ne...
About this update from Nano One Materials Corp
[{"type":"text","content":"Nano One Announces Results of Annual and Special MeetingReceives Shareholder Approval for Amendments to Its ArticlesVancouver, British Columbia--(Newsfile Corp. - October 14, 2021) - Nano One® Materials Corp. (TSX: NANO) (OTC Pink: NNOMF) (FSE: LBMB) (\"Nano One\" or the \"Company\"), a clean technology company with patented processes for the low-cost, low-environmental footprint production of high-performance cathode materials used in lithium-ion batteries, is pleased to announce the results of the annual and special meeting of shareholders held today in Vancouver, British Columbia, including the election of management's nominees as directors, the appointment of Davidson & Company LLP as the Company's independent auditor, approval of amendments to the Company's Articles, and approval of the Omnibus Equity Incentive plan.The six nominees listed in the Company's management information circular dated September 7, 2021, were elected directors as set out below:NomineeOutcome of VoteVotes For% ForVotes Withheld% WithheldDan BlondalCarried17,365,74798.04347,9791.96Lyle BrownCarried17,698,60299.9115,1240.09Dr. Joseph GuyCarried13,379,09975.534,334,62724.47Gordon KukecCarried14,579,30582.313,134,42117.69John LandoCarried13,378,90175.534,334,82524.47Paul MatysekCarried15,108,93685.302,604,79014.70 A total of 17,763,926 common shares were represented at the meeting, being 18.61% of the Company's issued and outstanding common shares. Detailed voting results for each of the matters voted on at the meeting will be available for viewing on SEDAR at www.sedar.com. Article Amendments & Advance Notice ProvisionAt the Meeting, shareholders approved certain amendments to the Articles of the Company in order to bring them in line with the current provisions of the Business Corporations Act (British Columbia) and good corporate governance practices, and to add a requirement for advance notice in connection with the election of directors (\"Advance Notice Provisions\"). An Advance Notice Provision is intended to provide the Company's shareholders, directors and management with a transparent, fair and structured framework under which the Company's shareholders may submit director nominations. The Advance Notice Provision fixes a deadline by which the Company's shareholders must submit director nominations to the Company prior to any ...