| 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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EN DÉVELOPPEMENT |
CODE : FCO.TO |
ISIN : CA34637V1013 |
CUSIP : 34637L |
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Formation Metals est une société développant des projet miniers de cobalt basée au Canada. Formation Metals est en développement de projets de cobalt, de cuivre et d'or en USA, et détient divers projets d'exploration au Canada. Son principal projet en développement est IDAHO COBALT PROJECT en USA et ses principaux projets en exploration sont QUEEN OF THE HILLS en USA, COMPASS LAKE, KERNAGHAN LAKE, VIRGIN RIVER, BLACK PINE et MORNING GLORY au Canada et EL MILAGRO et BIG CREEK HYDROMETALLURGICAL COMPLEX au Mexique. Formation Metals est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 60,3 millions CA$ (46,3 millions US$, 41,5 millions €). La valeur de son action a atteint son plus haut niveau récent le 05 juin 1998 à 9,94 CA$, et son plus bas niveau récent le 14 juin 2013 à 0,06 CA$. Formation Metals possède 105 702 405 actions en circulation. |