Business
Northern Graphite Announces Filing of Management Information Circular for Annual and Special Meeting of Shareholders
Two New Board Members Proposed for Election; Approvals Sought for Compensation Plans Including...
About this update from Northern Graphite Corporation
[{"type":"text","content":"Northern Graphite Announces Filing of Management Information Circular for Annual and Special Meeting of ShareholdersTwo New Board Members Proposed for Election; Approvals Sought for Compensation Plans Including Executive Loans to Purchase SecuritiesOttawa, Ontario--(Newsfile Corp. - October 12, 2022) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the \"Company\" or \"Northern\") announces that the management information circular (the \"Circular\") for the Company's annual and special meeting of shareholders (the \"Annual Meeting\"), to be held in Toronto on November 21, 2022, has been filed on SEDAR. In addition to the annual approvals the Company is required to obtain from its shareholders, Northern will also be soliciting shareholder approvals in relation to its amended and restated stock option plan, its new deferred share unit and restricted share unit compensation plan and certain loans by the Company to certain of its executive officers for the purpose of purchasing securities of the Company.At the Annual Meeting, shareholders will be asked to elect two new directors to the Board, Mr. Hugues Jacquemin who was appointed CEO on June 8, 2022 and Mr. Frank O'Brien-Bernini, as well as incumbent directors Gregory Bowes, Campbell Birge and Donald Christie. Hugues previously served as CEO of the Graphite and Carbon Division of Imerys SA and spearheaded its investment program for lithium ion battery (\"LiB\") materials for EV markets. Imerys is a €4 billion company listed on the Paris Exchange and operates approximately 100 industrial mineral mines in over 30 countries. He has over 30 years of senior management experience growing specialty materials businesses for listed Fortune 500 companies and private equity firms in a broad spectrum of industries including graphite mining and processing, LiB materials, fuel cells and hydrogen production, graphene and carbon nanotubes, synthetic graphite and carbon materials. Hugues is a Belgian citizen and is fluent in English, French, Italian and Spanish. Mr. O'Brien-Bernini is a recently retired, long-time employee and executive of Owens Corning. Mr. O'Brien-Bernini served as Owens Corning's Senior Vice President and Chief Sustainability Officer in which capacity he was responsible for its global corporate sustainability strategy development and exec...