Champion Iron Limited Announces Annual General Meeting Voting Results
ASX: CIA
TSX: CIA
Champion Iron Limited Announces
Annual General Meeting Voting Results
Montreal, August 21, 2017: Champion Iron Limited (ASX: CIA, TSX: CIA) (“Champion” or the “Company” ) advises
that at an Annual General Meeting of the C ompany’s shareholders (the “Meeting”) which was held in Montreal,
Quebec on August 18, 2017, the following resolutions were passed by the requisite majorities by a vote by way of
show of hands and by ballot as follows:
Resolution
Votes
For
Votes
Against
Votes
Discretionary
Votes
Abstain
Votes
Excluded and
Not Voted
1. Approve the
Remuneration
Report
182,048,737
(98.92%)
190,104
(0.10%)
1,693,500
(0.92%)
97,547
(0.05%)
49,615,064 (1)
2. Appointment
of Director -
Michael
O’Keeffe
185,833,333
(99.07%)
24,583
(0.02%)
1,693,500
(0.90%)
35,450
(0.02%)
46,058,086 (2)
3. Appointment
of Director -
Gary Lawler
218,770,246
(99.19%)
7,333
(0.00%)
1,693,500
(0.77%)
80,650
(0.04%)
13,093,223 (2)
4. Appointment
of Director -
Andrew Love
217,850,246
(99.19%)
7,333
(0.00%)
1,693,500
(0.77%)
80,650
(0.04%)
14,013,223 (2)
5. Appointment
of Director -
Michelle
Cormier
219,069,046
(99.19%)
7,333
(0.00%)
1,693,500
(0.77%)
81,850
(0.04%)
12,793,223 (3)
6. Appointment
of Director -
Wayne Wouters
219,063,246
(99.19%)
12,333
(0.01%)
1,693,500
(0.77%)
82,650
(0.04%)
12,793,223 (3)
7. Approve the
Issuance of
Warrants
218,953,572
(99.14%)
98,875
(0.04%)
1,693,500
(0.77%)
105,782
(0.05%)
12,793,223 (3)
8. Approval of
the annual
non-executive
Directors’
remuneration
194,836,961
(98.95%)
261,358
(0.13%)
1,693,500
(0.86%)
108,750
(0.06%)
37,744,383 (4)
Resolution
Votes
For
Votes
Against
Votes
Discretionary
Votes
Abstain
Votes
Excluded and
Not Voted
9. Approval of
Champion Iron
Incentive Plan
181,611,448
(98.90%)
248,943
(0.14%)
1,693,500
(0.92%)
83,455
(0.05%)
49,537,606(1)
10. Grant of
options to
Michelle
Cormier
182,070,688
(98.89%)
245,562
(0.13%)
1,693,500
(0.92%)
97,596
(0.05%)
49,537,606(1)
Notes: (1) Represents votes held directly or indirectly by members of Champion’s Board of Directors , Key Management
Personnel plus 12,793,223 Not Voted.
(2) Represents votes held directly or indirectly by the named individual Director of Champion plus 12,793,223 Not
Voted.
(3) Represents 12,793,223 ordinary shares which were Not Voted.
(4) Represents votes held directly or indirectly by members of Champion’s Board of Directors and Key Management
Personnel.
At the Meeting , the total ordinary shares represented in person or by proxy was 233,644,952 of the 387,08 4,339
issued and outstanding ordinary shares representing approximately 60.36%.
For further details visit the Company’s filings on SEDAR at www.sedar.com.
Jorge Estepa
Corporate Secretary (Canada)
For further information please contact:
Michael O’Keeffe, Executive Chairman and CEO Tel: +1 (514) 316-4858
About Champion
Champion is an iron development and exploration company, f ocused on developing its significant iron resources in
the south end of Labrador Through in the province of Québec. Following the acquisition of its flagship asset, the
Bloom Lake iron ore property, the Corporation’s main focus is to implement upgrades to the mine and processing
infrastructure it now owns while also advancing projects associated with improving access to global iron markets,
including rail and port infrastructure initiatives with government and other key industry and community
stakeholders.
Champion’s management team includes professionals with mine development and operations expertise who also
have vast experience from geotechnical work to green field development, brown field management including
logistics development and financing of all stages in the mining industry.
Forward-Looking information
This news release includes certain information that may constitute "forward -looking information" under applicable
Canadian securities legislation. All statements, other than statements of historic al facts, included in this news
release that address the terms of the Offering, the satisfaction of the escrow release conditions, the use of proceeds,
the listing of the Subscription Receipts and the Underlying Shares on the Toronto Stock Exchange and the quotation
of the Underlying Shares on the Australian Securities Exchange, and the timing for closing of the Offering as well as
future activities, events, developments or financial performance constitute forward -looking information. The use of
any of the words “will”, “expect”, “anticipate”, “intend”, “believe”, “plan”, “potential”, “outlook”, “forecast”,
“estimate” and similar expressions are intended to identify forward -looking information. Forward -looking
information is necessarily based upon a number o f estimates and assumptions that, while considered reasonable,
are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and
future events to differ materially from those expressed or implied by such forwar d-looking information, including
the risks identified in Champion’s preliminary short form prospectus relating to the Offering, annual information
form, management’s discussion and analysis and other securities regulatory filings made by Champion on SEDAR
(including under the heading "Risk Factors" therein). There can be no assurance that such information will prove to
be accurate, as actual results and future events could differ materially from those anticipated in such forward -
looking information. Accordi ngly, readers should not place undue reliance on forward -looking information. All of
Champion’s forward-looking information contained in this press release is given as of the date hereof and is based
upon the opinions and estimates of Champion’s management and information available to management as at the
date hereof. Champion disclaims any intention or obligation to update or revise any of its forward -looking
information, whether as a result of new information, future events or otherwise, except as required by law.