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Patriot Battery Metals Announces Amendments to Shareholder Meeting Matters
Patriot Battery Metals Announces Amendments to Shareholder Meeting Matters Canada NewsW...
About this update from Pmet Resources Inc.
[{"type":"text","content":"\n \n \n \n Patriot Battery Metals Announces Amendments to Shareholder Meeting Matters\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Sept. 13, 2023\n \n \n /CNW/ -\n \n \n \n September 14, 2023\n \n –\n \n Sydney, Australia\n \n \n \n \n \n \n \n \n \n \n \n \n Patriot Battery Metals Inc. (the \"Company\" or \"Patriot\") (TSXV: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) announced today an amendment to a matter which is to be voted upon at its annual general and special shareholder meeting scheduled to be held on\n \n Tuesday, September 19, 2023\n \n (the \"Meeting\").\n \n \n In its information circular dated\n \n August 11, 2023\n \n (the \"Circular\"), sent to shareholders of Patriot in connection with the Meeting, the Company proposed to put to such shareholders a resolution approving the Company's amended Omnibus Equity Incentive Plan (the \"Plan\"), as more particularly set out in the Circular.\n \n \n Following distribution of the Circular and discussions with various stakeholders, the Company now believes it would be preferable to remove the proposed provision in the Plan providing that certain awards to \"Restricted Participants\" under the Plan be settled in shares purchased on the market, initially implemented to accommodate ASX requirements which were not applicable to the Company prior to its ASX listing in late 2022. With this deletion, the Plan for which annual renewal approval is sought, as required by the rules of the TSX-V, will be substantially similar to the Plan approved at the last annual general meeting of shareholders held on\n \n March 3, 2023\n \n , with certain changes which are largely administrative in nature.\n \n \n At the Meeting, the Company intends to propose to shareholders, for their consideration and approval, a version of the resolution contained in the Circular, amended as ...