Euro Manganese Announces Results of Annual General and Special Meeting
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NR 2023-04
Euro Manganese Announces Results of Annual General and Special Meeting
Vancouver, Canada (February 29, 2024) – Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF;
Frankfurt: E06) (the "Company" or "EMN") is pleased to announce that shareholders have voted in favour
of all matters of business brought before them at the Company's Annual General & Special Meeting of
Shareholders (the "Meeting") held on February 29, 2024. Detailed results of the voting from the Meeting
are set out below.
In respect of election of the Company's directors, all five management nominees standing for re-election
were elected as set out below based on a vote conducted by ballot:
Nominee Total Votes Cast Votes For % For Votes Withheld
(Abstained)
% Withheld
(Abstained)
John
Webster 108,781,419 106,340,951 97.76 2,440,468 2.24
Matthew P.
James 108,781,419 106,333,331 97.75 2,448,088 2.25
David B.
Dreisinger 108,781,419 106,256,256 97.68 2,525,163 2.32
Gregory P.
Martyr 108,781,419 106,261,136 97.68 2,520,283 2.32
Thomas M.
Stepien 108,781,419 106,254,136 97.68 2,527,283 2.32
Other matters of business at the Meeting, all of which were also carried out and decided by ballot, were
approved as set out below:
Total Votes Votes For % For Votes
Against % Against
Votes
Withheld
/Abstained
Resolution 2 –
Approval of an
increase in
directors’ fees to
non-executive
directors(1)
108,781,419 105,582,010 97.06 3,044,277 2.80 155,132
2
Total Votes Votes For % For Votes
Against % Against
Votes
Withheld
/Abstained
Resolution 3 –
Appointment of
Pricewaterhouse-
Coopers LLP as
Auditors of the
Company
109,400,917 108,119,136 98.83 Nil Nil 1,281,781
Resolution 4 –
Re-approval of the
Company's Stock
Option Plan (2)
108,781,419 106,088,759 97.52 2,337,857 2.15 354,803
Resolution 5 –
Approval of
Amendments to
the Company's
Stock Option Plan(3)
108,781,419 106,204,889 97.63 2,345,346 2.16 231,184
(1) In accordance with the rules of the Australian Securities Exchange (the " ASX"), shareholders of the Company also
approved the increase in directors’ fees to non-executive directors to provide for an additional non-executive Director
to be added during the year from a strategic industry investor and/or to enhance gender diversity within the Board by
a majority of the votes cast, with the 3,747,510 votes cast by directors of the Company excluded from the vote. Based
on this exclusion, the total number of votes cast wa s 105,033,909, of which 101,834,500 votes were cast for the
resolution, representing 96.95% of th e total votes cast, and 3,044,277 votes were cast against the resolution,
representing 2.90% of the total votes cast.
(2) In accordance with the rules of the ASX, shareholders of the Company also approved the Company's stock option plan
by a majority of the votes cast, with the 3,747,510 votes cast by directors of the Company excluded from the vote.
Based on this exclusion, the total num ber of votes cast in respect of th is resolution was 105,033,909, of which
102,341,249 votes were cast for the resolution, representing 97.44% of the total votes cast, and 2,337,857 votes were
cast against the resolution, representing 2.23% of the total votes cast.
(3) In accordance with the rules of the ASX, shareholders of the Company also approved the amendments to the Company's
stock option plan by a majority of the votes cast, with the 3,747,510 votes cast by directors of the Company excluded
from the vote. Based on this exclusion, the total number of votes cast for this reso lution was 105,033,909, of which
102,457,379 votes were cast for the resolution, representing 97.55% of the total votes cast, and 2,345,346 votes were
cast against the resolution, representing 2.23% of the total votes cast.
A total of 108,781,419 common shares, representi ng approximately 27.02% of the issued and
outstanding common shares of the Company eligible to vote at the Meeting, were voted in connection
with the election of the directors (resolution 1) as well as resolutions 2, 4 and 5 above. A total of
109,400,917 common shares were voted in connection with resolution 3 above, representing
approximately 27.17% of the issued and outstanding common shares of the Company eligible to vote
at the Meeting. The results of all matters consider ed at the Meeting are reported in the Report of
Voting Results as filed by the Company on SEDAR at www.sedarplus.ca.
In accordance with ASX Listing Rule 3.13.2(e), th e following information is being provided for the
aggregate number of securities for which valid proxies were received before the Meeting:
3
Nominee Total Proxies
Received
Proxy directed
to vote For
Proxy directed
to vote
Against
Proxy
directed to
Abstain
Proxy could
vote at their
discretion
Resolution 1 –
Election of
directors:
John Webster 108,781,419 106,340,951 N/A 2,440,468 Nil
Matthew P.
James 108,781,419 106,333,331 N/A 2,448,088 Nil
David B.
Dreisinger 108,781,419 106,256,256 N/A 2,525,163 Nil
Gregory P.
Martyr 108,781,419 106,261,136 N/A 2,520,283 Nil
Thomas M.
Stepien 108,781,419 106,254,136 N/A 2,527,283 Nil
Resolution 2 –
Approval of an
increase in
directors’ fees to
non-executive
directors(1)
105,033,909 101,834,500 3,044,277 155,132 Nil
Resolution 3 –
Appointment of
Pricewaterhouse-
Coopers LLP as
Auditors of the
Company
109,400,917 108,119,136 N/A 1,281,781 Nil
Resolution 4 –
Re-approval of
the Company's
Stock Option Plan
(1)
105,033,909 102,341,249 2,337,857 354,803 Nil
Resolution 5 –
Approval of
Amendments to
the Company's
Stock Option
Plan(1)
105,033,909 102,457,379 2,345,346 231,184 Nil
(1) Excludes 3,747,510 votes cast by proxy by directors of the Company.
About Euro Manganese
Euro Manganese is a battery materials company focused on becoming a leading producer of high-purity
manganese for the electric vehicle industry. The Company is advancing development of the Chvaletice
Manganese Project in the Czech Republic and pursuing an opportunity to produce battery-grade
manganese products in Bécancour, Québec.
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The Chvaletice Project is a unique waste-to-value recycling and remediation opportunity involving
reprocessing old tailings from a decommissioned mine. It is also the only sizable resource of manganese
in the European Union, strategically positioning the Company to provide battery supply chains with critical
raw materials to support the global shift to a circular, low-carbon economy.
Euro Manganese is dual-listed on the TSXV and the ASX, and is also traded on the OTCQX.
Authorized for release by the CEO of Euro Manganese Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) or the ASX accepts resp onsibility for the adequacy or accuracy of this
release.
Inquiries
Dr. Matthew James Fausto Taddei
President & CEO Vice President, Corporate Development
+1-604-681-1010 ext. 101 & Corporate Secretary
+1-604-681-1010 ext. 105
E-mail: [email protected]
Website: www.mn25.ca
Company Address: #709 -700 West Pender St., Vancouver, British Columbia, Canada, V6C 1G8