Azimut Announces Results of the Annual General Meeting
Azimut Announces Results of the Annual
General Meeting
TSXV: AZM
OTCQX: AZMTF
LONGUEUIL, QC
,
March 3, 2023
/CNW/ -
Azimut Exploration Inc.
("Azimut" or the "Company")
(TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the voting results for its Annual General
Meeting (the "Meeting") of shareholders held
February 23, 2023
.
A total of 42,621,235 shares were present in person or by proxy at the Meeting representing
53.69% of the issued and outstanding shares of the Company. Shareholders approved all matters
presented at the meeting as follows:
Votes For
% For
Vote Withheld
% Withheld
Total Voted
Elections of Directors
Glenn J. Mullan
37,947,295
92.51 %
3,074,138
7.49 %
41,021,433
Jean-Marc Lulin
40,990,633
99.92 %
30,800
0.08 %
41,021,433
Jean-Charles Potvin
40,883,633
99.66 %
137,800
0.34 %
41,021,433
Jacques Simoneau
40,912,267
99.73 %
109,166
0.27 %
41,021,433
Angelina Mehta
40,984,367
99.91 %
37,066
0.09 %
41,021,433
Michel Brunet
40,991,867
99.93 %
29,566
0.07 %
41,021,433
Christiane Bergevin
40,984,127
99.91 %
37,306
0.09 %
41,021,433
Appointment of Auditors
41,944,830
99.71 %
123,700
0.29 %
42,068,530
Each of the resolutions approved at the Meeting are described in detail in the Company's
Management Proxy Circular dated
January 19, 2023
, available on SEDAR at
www.sedar.com
.
Following the Meeting, the board of directors reappointed the following officers of the Company:
Jean-Marc Lulin
, President and CEO; Moniroth Lim, CFO and Corporate Secretary;
Jonathan
Rosset
, VP Corporate Development.
A detailed strategic update and outlook on Azimut's plan for 2023 was published on
February 23, 2023
.
About Azimut
Azimut is a leading mineral exploration company with a solid reputation for target generation and
partnership development. The Company holds the largest mineral exploration portfolio in
Quebec
. Its
wholly-owned flagship
Elmer Gold Project
is actively advanced to the initial resource stage in the
James Bay
region. Azimut
also controls a strategic land position for copper-gold, nickel and for lithium including projects with
significant discoveries directly on strike on adjacent projects. At least 10 work programs are planned
for 2023 including an aggressive lithium focused field assessment phase as early as possible after
the winter season.
Azimut uses a pioneering approach to big data analytics (the proprietary
AZtechMine™
expert
system), enhanced by extensive exploration know-how. Azimut's competitive edge is based on
systematic regional-scale data analysis and concurrently active projects.
Azimut is led by a team with a wide range of national and international expertise in the mining
industry, including technical, financial and legal experience from exploration to production. The
Company maintains rigorous financial discipline and a strong balance sheet, with 79.5 million shares
issued and outstanding.
www.azimut-exploration.com
This press release contains forward-looking statements, which reflect the Company's current
expectations regarding future events. To the extent that any statements in this press release
contain information that is not historical, the statements are essentially forward-looking and are
often identified by words such as "anticipate", "expect", "estimate", "intend", "project", "plan" and
"believe". The forward-looking statements involve risks, uncertainties, and other factors that could
cause actual results to differ materially from those expressed or implied by such forward-looking
statements. There are many factors that could cause such differences, particularly volatility and
sensitivity to market metal prices, impact of change in foreign currency exchange rates and
interest rates, imprecision in reserve estimates, environmental risks including increased regulatory
burdens, unexpected geological conditions, adverse mining conditions, changes in government
regulations and policies, including laws and policies, and failure to obtain necessary permits and
approvals from government authorities, as well as other development and operating risks.
Although the Company believes that the assumptions inherent in the forward-looking statements
are reasonable, undue reliance should not be placed on these statements, which only apply as of
the date of this document. The Company disclaims any intention or obligation to update or revise
any forward-looking statement, whether as a result of new information, future events or otherwise,
other than as required to do so by applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
SOURCE
Azimut Exploration Inc.
View original content:
http://www.newswire.ca/en/releases/archive/March2023/03/c6414.html
%SEDAR: 00003284E
For further information:
Jean-Marc Lulin, President and CEO, Tel.: (450) 646-3015, Fax: (450)
646-3045; Jonathan Rosset, Vice President Corporate Development, Tel: (604) 202-7531,
CO: Azimut Exploration Inc.
CNW 06:30e 03-MAR-23