Avalon Announces the Results of its 2023 Annual and Special Meeting of Shareholders
Avalon Announces the Results of its 2023
Annual and Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - February 24, 2023) -
Avalon Advanced Materials Inc.
(TSX: AVL)
(OTCQB: AVLNF) ("Avalon" or the "Company") announces the results of its 2023 Annual and Special
Meeting of Shareholders held in Toronto, Ontario on February 23, 2023 (the "Meeting").
At the Meeting,
all six director nominees listed in the Company's information circular dated January 10, 2023, were
elected as directors of the Company. The detailed results of the vote are as follows:
Director
Number of
Votes Cast
Percentage of
Votes Cast
Donald Bubar
For:
Against:
86,024,853
3,998,463
95.558%
4.442%
Alan Ferry
For:
Against:
83,870,489
6,152,827
93.165%
6.835%
Naomi Johnson
For:
Against:
83,846,213
6,177,103
93.138%
6.862%
John E. Fisher
For:
Against:
84,225,135
5,798,181
93.559%
6.441%
Marilyn Spink
For:
Against:
84,133,756
5,889,560
93.458%
6.542%
Harvey L. A. Yesno
For:
Against:
84,727,835
5,295,481
94.118%
5.882%
At the Meeting, shareholders also re-appointed Ernst & Young LLP as auditors of the Company,
approved the unallocated options, rights or other entitlements under the Company's stock option plan
and restricted share unit ("RSU") plan and approved an amendment to the Company's By-Law No. 1 to
reduce the quorum requirement for a meeting of shareholders from 25% of the issued and outstanding
common shares to 20%.
About Avalon Advanced Materials Inc.
Avalon Advanced Materials Inc. is a Canadian mineral development company specializing in
sustainably-produced materials for clean technology.
The Company now has four advanced stage
projects, providing investors with exposure to lithium, tin and indium, as well as rare earth elements,
tantalum, cesium and zirconium.
Avalon is currently focusing on developing its Separation Rapids
Lithium Project near Kenora, Ontario, while continuing to advance other projects, including its 100%-
owned Lilypad Cesium-Tantalum-Lithium Project located near Fort Hope, Ontario.
Social responsibility
and environmental stewardship are corporate cornerstones.
For questions and feedback, please e-mail the Company at
, or phone Don Bubar,
President & CEO, directly at 416-723-9132.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/156168