| Formation Metals Inc. Reports Annual General Meeting Voting Results | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 25, 2014) - Formation Metals Inc. (FCO.TO) ("Formation" or the "Company") announces the voting results from its 2014 Annual General Meeting (the "Meeting") held Tuesday, June 24th in Vancouver, B.C.
A total of 34,080,512 common shares of the 90,887,205 shares outstanding were voted representing 37.50% of the issued and outstanding common shares of Formation. Shareholders voted in favour of all items of business before the Meeting, including the election of all directors as follows:
Nominee |
Votes In Favour |
Votes Withheld |
Robert J. Quinn |
24,787,094 |
1,895,554 |
David Stone |
23,575,184 |
3,107,464 |
Robert Metka |
25,389,717 |
1,292,931 |
James B. Engdahl |
24,787,049 |
1,895,599 |
Gregory Hahn |
25,390,760 |
1,291,888 |
Scott Hean |
26,389,102 |
293,546 |
David Christie |
26,325,599 |
357,049 |
Other resolutions considered at the Meeting were the re-appointment of Smythe Ratcliffe LLP, Chartered Accountants, as the auditor of Formation and the approval of unallocated options, rights and other entitlements under the Company's Stock Option Plan.
Detailed voting results for the 2014 Annual General Meeting are available on SEDAR at www.sedar.com.
At the Board of Directors Meeting following the Annual General Meeting the following officers were appointed:
J. Paul Farquharson |
President and CEO |
Marcus Tran |
CFO and Corporate Secretary |
E.R. (Rick) Honsinger |
Vice President |
Formation Metals Inc.
Robert J. Quinn, Chairman of the Board
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Formation Metals Inc.
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DEVELOPMENT STAGE |
CODE : FCO.TO |
ISIN : CA34637V1013 |
CUSIP : 34637L |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Formation Metals is a cobalt development stage company based in Canada. Formation Metals develops cobalt, copper and gold in USA, and holds various exploration projects in Canada. Its main asset in development is IDAHO COBALT PROJECT in USA and its main exploration properties are QUEEN OF THE HILLS in USA, COMPASS LAKE, KERNAGHAN LAKE, BIG CREEK HYDROMETALLURGICAL COMPLEX, VIRGIN RIVER, BLACK PINE and MORNING GLORY in Canada and EL MILAGRO in Mexico. Formation Metals is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 60.3 millions as of today (US$ 46.3 millions, € 41.5 millions). Its stock quote reached its highest recent level on June 05, 1998 at CA$ 9.94, and its lowest recent point on June 14, 2013 at CA$ 0.06. Formation Metals has 105 702 405 shares outstanding. |