Champion Iron Limited Announces Annual General Meeting Voting Results
ASX: CIA
TSX: CIA
Champion Iron Limited Announces
Annual General Meeting Voting Results
Montreal, August 20, 2018: 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 17, 2018, 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
Abstain/Exclude
1. Approve the
Remuneration
Report
115,004,028
(91.58%)
10,570,767
(0.42%)
99,693,667 (1)
2. Appointment of
Director – Michael
O’Keeffe
150,010,343
(99.73%)
411,366
(0.27%)
57,311,838 (2)
3. Appointment of
Director – Gary
Lawler
206,138,241
(99.96%)
88,331
(0.04%)
1,506,975 (3)
4. Appointment of
Director – Andrew
Love
206,238,241
(99.92%)
168,331
(0.08%)
1,326,975 (3)
5. Appointment of
Director – Michelle
Cormier
207,652,081
(99.99%)
29,066
(0.01%)
52,400 (4)
6. Appointment of
Director – Wayne
Wouters
207,598,241
(99.95%)
109,066
(0.05%)
26,240 (5)
7. Appointment of
Director Jyothish
George
207,592,166
(99.95%)
109,406
(0.05%)
31,975 (6)
8. Ratification of
securities issues
139,978,896
(99.94%)
78,133
(0.06%)
67,001,518 (7)
9. Grant of share
rights to Michael
O’Keeffe
134,804,472
(92.61%)
10,759,488
(7.39%)
67,001,518 (8)
Resolution
Votes
For
Votes
Against
Votes
Abstain/Exclude
10. Approval of
Champion Iron
Incentive Plan
143,493,303
(98.60%)
2,042,882
(1.40%)
62,192,362 (9)
Notes: (1) Represents votes held directly or indirectly by members o f Champion’s Board of Directors, Key Management
Personnel which were excluded from voting plus 59,494,992 Ordinary Shares which abstained from voting.
(2) Represents votes held directly or indirectly by the named individual Director of Champion which were excluded
from voting plus 21,906,975 Ordinary Shares which abstained from voting.
(3) Represents votes held directly or indirectly by the named individual Director of Champion which were excluded
from voting plus 31,975 Ordinary Shares which abstained from voting.
(4) Represents votes held directly or indirectly by the named individual Director of Champion which were excluded
from voting plus 32,400 Ordinary Shares which abstained from voting.
(5) Represents 26,240 Ordinary Shares which abstained from voting.
(6) Represents 31,975 Ordinary Shares which abstained from voting.
(7) Represents 66,944,444 votes which were excluded plus 57,074 Ordinary Shares which abstained from voting.
(8) Represents votes held directly or indirectly by members of Champion’s B oard of Directors, Key Management
Personnel which were excluded from voting plus 21,910,952 Ordinary Shares which abstained from voting.
(9) Represents votes held directly or indirectly by members of Champion’s Board of Directors , Key Management
Personnel which were excluded from voting plus 21,933,687 Ordinary Shares which abstained from voting .
At the Meeting, the total Ordinary Shares represented in person or by proxy was 225,403,005 representing
approximately 54.2% of the outstanding Ordinary Shares.
For further details visit the Company’s filings on SEDAR at www.sedar.com.
About Champion Iron Limited
Champion is an iron mining, development and exploration company, focused on developing its significant iron
resources in the south end of the Labrador T rough in the province of Québec. Following the acquisition of its
flagship asset, the Bloom Lake iron ore property, the Company implemented upgrades to the mine and processing
infrastructure and has partnered inprojects 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.
For further information please contact:
Michael O’Keeffe, Executive Chairman and CEO at Tel. +1 514-316-4858
David Cataford, COO at Tel. +1 514-316-4858
For additional information on Champion Iron Limited, please visit our website at
www.championiron.com
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 historical facts, included in this news
release that address the expected restart date of Bloom Lake 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”, “fo recast”, “estimate” and similar expressions are
intended to identify forward -looking information. Forward-looking information is necessarily based upon a number
of 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 forward -looking information, including the risks identified in Champion Iron’s final
short form prospectus relating to a completed equity Offering, annual information form, management’s discussion
and analysis and other securities regulatory filings made by Champion Iron on SEDAR (including under the heading
“Risk Factors” therein). There can be no assur ance 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. Accordingly,
readers should not place undue reliance on forward -looking informati on. All of Champion Iron’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 Iron’s management and information available to management as at the date hereof.
Champion Iron 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 bylaw.