HeliosX Announces Voting Results from 2022 AGM
HeliosX Announces Voting Results from 2022 AGM
CALGARY, ALBERTA, June 28, 2022 - HeliosX Lithium & Technologies Corp. ("HeliosX" or the
“Company”) (TSXV: HX) (OTCQB: HXLTF) (FSE: C2U0) is pleased to announce the voting results
from the Company’s annual general meeting of shareholders held in Calgary, Alberta on June
24, 2022 (the “2022 AGM”).
Voting Results
A total of 22,322,828 common shares of HeliosX were voted at the 2022 AGM, representing 61.61%
of the Company's outstanding common shares as at the record date of May 10, 2022. Shareholders
voted in favour of all matters brought before the meeting. All five director nominees listed in the
Company's management information circular dated May 11, 2022 (the "Circular") were elected as
follows:
Number of Directors
Shareholders approved the number of directors of the Company for the ensuing year at five (5).
Outcome of the Vote Votes For % For Votes Withheld % Withheld
Carried 22,321,429 99.994% 1,399 0.006%
Election of Directors
The following five individuals nominated to serve on the Company’s board of directors (the “Board”)
were approved by shareholders as follows:
Director Nominee Votes For % For Votes Withheld % Withheld
Christopher Brown 22,315,321 99.966% 7,507 0.034%
Sameer Uplenchwar 22,315,221 99.966% 7,607 0.034%
Brian Findlay 22,071,390 98.874% 251,438 1.126%
Frank Busch 22,318,934 99.983% 3,894 0.017%
Robert Verhelst 22,192,934 98.418% 129,894 0.582%
Appointment of Auditor
Shareholders approved the re- appointment of DeVisser Gray LLP, Chartered Accountants , as the
Company’s auditor and independent registered public accounting firm and the authorization of the
Company's board of directors to fix their remuneration and terms of engagement as follows:
Outcome of the Vote Votes For % For Votes Withheld % Withheld
Carried 22,322,234 99.997% 594 0.003%
Approval of 10% Rolling Stock Option Plan
The majority of minority Shareholders (the “Disinterested Shareholders”) approved the Company's
2022 Stock Option Plan as follows:
Outcome of the Vote Votes For % For Votes Against % Against Total Voted
Carried 22,270,445 99.765% 52,383 0.235% 22,322,828
Less Votes by
Interested Parties 4,948,664
Total Disinterested
Shareholder Vote 17,321,781 98.699% 52,383 0.301% 17,374,164
Approval of 10% Restricted Stock Unit Plan
The Disinterested Shareholders approved the Company's 2022 Restricted Share Unit Plan as follows:
Outcome of the Vote Votes For % For Votes Against % Against Total Voted
Carried 22,138,621 99.175% 184,207 0.825% 22,322,828
Less Votes by
Interested Parties 4,948,664
Total Disinterested
Shareholder Vote 17,189,957 98,940% 184,207 1.060% 17,374,164
Approval of Future Private Placements
Shareholders authorized the Company to enter into one or more distributions of securities up to a
maximum of 20% of the number of the Company’s outstanding shares in the ensuing 12-month period,
as follows:
Outcome of the Vote Votes For % For Votes Against % Against
Carried 21,178,970 98.67% 143,858 0.644%
Approval of Extension of Warrant Exercise Date
The Disinterested Shareholders approved the term extension of expiry date of 10,080,000 Warrants to
August 5, 2026 as follows:
\
Outcome of the Vote Votes For % For Votes Against % Against Total Voted
Carried 22,257,833 99.709% 64,995 0.291% 22,322,828
Less Votes by
Interested Parties 4,948,664
Total Disinterested
Shareholder Vote 17,309,169 99.626% 64,995 0.374% 17,374,164
Detailed voting results for the meeting are available on SEDAR at www.sedar.com.
About HeliosX
HeliosX is an integrated lithium exploration company, incorporating the latest in direct lithium
extraction ("DLE") technologies, to unlock potential commercial opportunities in Alberta (Canada),
Nevada (USA) and Jujuy (Argentina). The Company holds over 560,000 lithium brine acres across
three prospective lithium jurisdictions, providing potential exposure to multiple lithium brine play
types. The company has selected specific DLE technologies which it believes will maximize
potential lithium opportunities in each operational jurisdiction and continues to move forward with
technical modeling and information gathering to better delineate the prospective lithium resources.
HELIOSX LITHIUM AND TECHNOLOGIES CORP.
(signed) "Christopher Brown"
Christopher Brown
CEO
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this release.
For further information:
Brian Findlay- President
Christopher Brown, P. Eng - CEO
Telephone: (403) 975-1996
Email: [email protected]