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CMC Metals Announces Results of AGM and Appointment of Company Advisor
NOT FOR DISSEMINATION OR DISTRIBUTION INTO THE UNITED STATES OR THROUGH UNITED STATES NEWSWI...
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[{"type":"text","content":"CMC Metals Announces Results of AGM and Appointment of Company AdvisorNOT FOR DISSEMINATION OR DISTRIBUTION INTO THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRE SERVICESVANCOUVER, BC / ACCESSWIRE / December 24, 2021 / CMC Metals Ltd. (TSXV:CMB)(Frankfurt:ZM5N)(OTC PINK:CMCZF) (\"CMC\" or the \"Company\") is pleased to announce the results of its 2021 Annual and Special General Meeting (\"AGM\") of shareholders held virtually on Thursday, December 7th, 2021.Shareholders approved all the resolutions detailed in the management information circular of the Company(the \"Circular\"), namely:Electing all the nominees to the Board of Directors of the Company.Appointing Dale Matheson Carr-Hilton Labonte Chartered Professional Accountants as auditor of the Company for the ensuing year and authorizing the directors to determine the auditor's compensation.Approving the Advance Notice ProvisionApproving the Incentive Stock Option Plan for the Company.A total of 9,797,245 common shares of the Company were voted at the AGM, representing approximately 10.32% of the issued and outstanding common shares of the Company, with the following results:RESOLUTIONVOTESFORVOTESAGAINSTVOTESWITHHELDTo Set the number of Directors at Five82.73%17.27%0.00Kevin Brewer as Director79.76% 20.24%Graham Chisholm as Director82.23%-17.77%John Bossio as Director81.32%-18.68%Robert Wheeler as Director81.77%-18.23%Advance Notice Provision80.85%19.15% Appointment of Auditors95.92%-4.08%Incentive Stock Option Plan75%25%-Other Business75.71%24.29%-In addition, the Company is very pleased to appoint Mr. Robert Csada as a Company Advisor. Robert has almost three decades of experience in education, global history and research. He has worked previously as a consultant for a Canadian publicly traded company. He has provided strategic advice on multiple initiatives related to publicly traded companies. His knowledge and experience will be of added value to the board of directors and company shareholders. He is a major shareholder and is working diligently with the Company on marketing and promotional activities.Mr. John Bossio, Chairman noted, \"Since becoming a shareholder, Robert has shown significant interest in our activities and is working diligently to improve shareholder value. We are very pleased he agreed to join our advisory team and will continue working with our P...