Latest news with #shareholderapproval
Globe and Mail
10-07-2025
- Business
- Globe and Mail
Foran Receives Shareholder Approval to Complete Second Tranche of $350M Offering
Second Tranche for Gross Proceeds of $54M Expected to Close on or about July 11, 2025 All amounts are in Canadian dollars unless stated otherwise VANCOUVER, BC , July 10, 2025 /CNW/ - Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to announce that at a special meeting of shareholders of the Company held today (the "Meeting"), the shareholders approved the resolutions required in connection with completing the second tranche of the Company's previously announced $350 million offering (the "Offering"). A total of 213,580,000 common shares of the Company were cast, representing 54.2% of the total issued and outstanding voting common shares of the Company ("Common Shares") as at the record date of May 22, 2025 . Further information and details of the Meeting and the matters brought before the Meeting are contained in the Company's Management Information Circular dated May 30, 2025 (the "Circular), which is available on SEDAR+ at and on the Company's website at Of the votes cast at the Meeting, 211,858,296 Common Shares representing 99.2%, were voted in favour of the Share Issuance Resolution (as defined in the Circular). A report of the voting results of the Meeting has been filed on SEDAR+. As a result of receiving the requisite shareholder approval at the Meeting, the Company intends to close the second tranche of the Offering for aggregate gross proceeds of approximately $54 million (the "Second Tranche Offering") on or about July 11, 2025 . About Foran Mining Foran Mining is a copper-zinc-gold-silver exploration and development company, committed to supporting a greener future and empowering communities while creating value for our stakeholders. The McIlvenna Bay project is located entirely within the documented traditional territory of the Peter Ballantyne Cree Nation, comprises the infrastructure and works related to development activities of the Company, and hosts the McIlvenna Bay Deposit and Tesla Zone. The Company also owns the Bigstone Deposit, a resource-development stage deposit located 25 km southwest of the McIlvenna Bay Property. The McIlvenna Bay Deposit is a copper-zinc-gold-silver rich VHMS deposit intended to be the centre of a new mining camp in a prolific district that has already been producing for 100 years. The McIlvenna Bay Property sits just 65 km West of Flin Flon, Manitoba , and is part of the world class Flin Flon Greenstone Belt that extends from Snow Lake, Manitoba , through Flin Flon to Foran's ground in eastern Saskatchewan , a distance of over 225 km. The McIlvenna Bay Deposit is the largest undeveloped VHMS deposit in the region. The Company filed its NI 43-101 compliant 2025 Technical Report on the McIlvenna Bay Project, Saskatchewan, Canada (the "2025 Technical Report") on March 12, 2025 , with an effective date and report date of March 12, 2025 , outlining a mineral resource in respect of the McIlvenna Bay Deposit estimated at 38.6 Mt grading 2.02% CuEq in the Indicated category and an additional 4.5 Mt grading 1.71% CuEq in the Inferred category. Investors are encouraged to consult the full text of the 2025 Technical Report which is available on SEDAR+ at under the Company's profile. The Company's head office is located at 409 Granville Street, Suite 904, Vancouver, BC , Canada , V6C 1T2. Common Shares of the Company are listed for trading on the TSX under the symbol "FOM" and on the OTCQX under the symbol "FMCXF". CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS This news release contains certain forward-looking information and forward-looking statements, as defined under applicable securities laws (collectively referred to herein as "forward-looking statements"). These statements relate to future events or to the future performance of Foran Mining Corporation and reflect management's expectations and assumptions as of the date hereof or as of the date of such forward looking statement. Such forward-looking statements include, but are not limited to statements regarding our objectives and our strategies to achieve such objectives; our beliefs, plans, estimates, projections and intentions, and similar statements concerning anticipated future events; and specific statements in respect of our intended timing to complete the Second Tranche Offering; intentions with respect to the McIlvenna Bay Deposit; and estimates in respect of our 2025 Technical Report. All statements other than statements of historical fact are forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Inherent in forward-looking statements are known and unknown risks, estimates, assumptions, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this news release. These factors include management's belief or expectations relating to the following and, in certain cases, management's response with regard to the following: the Company's reliance on the McIlvenna Bay Property; the certainty of funding, including that all requisite regulatory approvals will be obtained and that the proceeds from the Offering will be applied as anticipated; government, securities, and stock exchange regulation and policy, including with respect to receiving TSX approval for the Second Tranche Offering; and the additional risks identified in our filings with Canadian securities regulators on SEDAR+ in Canada (available at The forward-looking statements contained in this news release reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include the accuracy of mineral reserve and resource estimates and the assumptions upon which they are based; tonnage of ore to be mined and processed; ore grades and recoveries; assumptions and discount rates being appropriately applied to the technical studies; success of the Company's projects, including the McIlvenna Bay Project; prices for copper, zinc, gold and silver remaining as estimated; availability of funds for the Company's projects; that infrastructure anticipated to be developed, operated or made available by third parties will be developed, operated or made available as currently anticipated; no unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses and regulatory approvals are received in a timely manner; and the ability to comply with environmental, health and safety laws. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Readers are cautioned not to place undue reliance on forward-looking statements and should note that the assumptions and risk factors discussed in this press release are not exhaustive. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this press release. All forward-looking statements herein are qualified by this cautionary statement. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements, unless required by law. Additional information about these assumptions, risks and uncertainties is contained in our filings with securities regulators on SEDAR+ in Canada (available at
Yahoo
25-06-2025
- Business
- Yahoo
FLINT Announces Voting Results from Shareholders' Meeting
CALGARY, Alberta, June 24, 2025 (GLOBE NEWSWIRE) -- FLINT Corp. ('FLINT') (TSX: FLNT) is pleased to announce that all matters presented for approval at its annual meeting (the "Meeting") of holders of common shares ("Common Shares") held earlier today were approved. A total of 24,877,170 Common Shares, representing approximately 22.62% of the issued and outstanding Common Shares, were represented at the Meeting. All of the nominees listed in FLINT's management information circular dated May 9, 2025 were elected as directors of FLINT to hold office until the next annual meeting of shareholders or until their successors are elected or appointed. The results of the vote were: Votes For Votes Withheld Nominee # % # % Barry Card 23,866,574 96.98 744,347 3.02 H. Fraser Clarke 23,866,574 96.98 744,347 3.02 Katrisha Gibson 23,867,798 96.98 743,123 3.02 Karl Johannson 23,413,621 95.14 1,197,300 4.86 Dean T. MacDonald 23,866,574 96.98 744,347 3.02 Sean D. McMaster 23,866,574 96.98 744,347 3.02 Ernst & Young LLP was appointed as FLINT's auditor until the next annual meeting of shareholders, and the directors were authorized to fix their remuneration. The result of the vote was: Votes For Votes Withheld # % # % 24,800,533 99.69 76,536 0.31 About FLINT Corp. With a legacy of excellence and experience stretching back more than 100 years, FLINT provides solutions for the Energy and Industrial markets including: Oil & Gas, (upstream, midstream and downstream), Petrochemical, Mining, Power, Agriculture, Forestry, Infrastructure and Water Treatment. With offices strategically located across Canada and a dedicated workforce, we provide maintenance, turnaround, construction, wear technology and environmental services that help our customers bring their resources to our world. For more information about FLINT, please visit or contact: Barry CardChief Executive OfficerFLINT Corp.(587) 318-0997investorrelations@ Jennifer StubbsChief Financial OfficerFLINT Corp.
Yahoo
19-06-2025
- Business
- Yahoo
Touchstone Exploration Announces Results of 2025 Shareholders' Meeting
CALGARY, AB / / June 19, 2025 / Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP)(LSE:TXP) announces that all matters presented for approval at the 2025 annual meeting of shareholders (the "Meeting") held virtually on June 19, 2025 were fully authorized and approved. A total of 58,581,410 common shares of the Company were voted in connection with the Meeting, representing 24.77% of the common shares eligible to vote at the Meeting. During the business proceedings of the Meeting, Touchstone's shareholders approved the following: 1. Ordinary resolution to fix the number of directors of the Company to be elected at the Meeting at six, with 91.41% of the common shares represented at the Meeting voting in favour of the resolution. 2. All of the nominees proposed as directors were duly elected as directors of Touchstone, with the number and percentage of common shares represented at the Meeting voting in favour of and withheld from voting for each of the individual nominees as follows: Director Nominee Votes For Votes Withheld Number Percent (%) Number Percent (%) Paul R. Baay 40,869,590 77.87 11,611,864 22.13 Dr. Priya Marajh 43,773,108 83.41 8,708,346 16.59 Kenneth R. McKinnon 39,141,225 74.58 13,340,229 25.42 Peter Nicol 42,644,753 81.26 9,836,701 18.74 Beverley Smith 42,530,303 81.04 9,951,151 18.96 Stanley T. Smith 39,891,619 76.01 12,589,835 23.99 3. Ordinary resolution to appoint the firm of KPMG LLP, Chartered Professional Accountants of Calgary, Alberta, to serve as auditors of Touchstone for the ensuing year at such remuneration as may be determined by the Company's board of directors, with 93.19% of the common shares represented at the Meeting voting in favour of the resolution. Full voting results on all matters considered at the Meeting are available under Touchstone's profile on SEDAR+ at Touchstone Exploration Inc. Touchstone Exploration Inc. is a Calgary, Alberta based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. Touchstone is currently active in onshore properties located in the Republic of Trinidad and Tobago. The Company's common shares are traded on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol "TXP". For further information about Touchstone, please visit our website at or contact: Paul Baay, President and Chief Executive Officer Tel: +1 (403) 750-4405Scott Budau, Chief Financial Officer SOURCE: Touchstone Exploration, Inc. View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
19-06-2025
- Business
- Globe and Mail
Ascot Announces Results of Annual General Meeting Held June 18, 2025
VANCOUVER, British Columbia, June 18, 2025 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (' Ascot ' or the ' Company ') reports that at its annual general meeting (the " AGM") held on June 18, 2025, Ascot's Shareholders approved by majority: to set the number of directors at six (6), to elect all six directors standing for election; to re-appoint PricewaterhouseCoopers LLP as the Company's auditor; and the philosophy and design of the Company's executive compensation. Detailed results of the votes held by ballot at the AGM are set out below: Total Votes Cast For Total Votes Cast Against % For % Against Number of Directors 669,702,396 248,142,848 72.96 27.04 Nominee Total Votes Cast For Total Votes Withheld % For % Withheld Stephen Altmann 914,787,147 3,058,097 99.67 0.33 William Bennett 667,932,279 249,912,965 72.77 27.23 James Currie 669,252,482 248,592,762 72.92 27.08 Indi Gopinathan 668,365,101 249,480,143 72.82 27.18 José Marún 915,443,084 2,402,160 99.74 0.26 Andree St-Germain 915,172,848 2,672,396 99.71 0.29 Total Votes Cast For Total Votes Withheld % For % Withheld Appointment of Auditors 917,384,113 461,131 99.95 0.05 Total Votes Cast For Total Votes Cast Against % For % Against Approval of Unallocated Entitlements under the Stock Option Plan 906,825,981 11,019,263 98.80 1.20 Approval of Unallocated Entitlements under the Share Unit Plan 909,443,156 8,402,088 99.08 0.92 Approval of Unallocated Entitlements under the DSU Plan 909,647,805 8,197,439 99.11 0.89 Advisory Vote on Compensation 909,800,225 8,045,019 99.12 0.88 The Board of Directors extend their thanks to the Shareholders of the Company for their continued support. On behalf of the Board of Directors of Ascot Resources Ltd. 'James A (Jim) Currie ' CEO & COO For further information contact: KIN COMMUNICATIONS INC. Email: AOT@ Phone: 604-684-6730 About Ascot Resources Ltd. Ascot is a Canadian mining company headquartered in Vancouver, British Columbia, and its shares trade on the Toronto Stock Exchange under the ticker AOT and on the OTCQX under the ticker AOTVF. Ascot is the 100% owner of the Premier Gold Mine, which poured first gold in April 2024 and is located on Nisga'a Nation Treaty Lands, in the prolific Golden Triangle of northwestern British Columbia. For more information about the Company, please refer to the Company's profile on SEDAR+ at or visit the Company's web site at The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Cautionary Statement Regarding Forward-Looking Information All statements and other information contained in this press release about anticipated future events may constitute forward-looking information under Canadian securities laws ("forward-looking statements"). Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "targeted", "outlook", "on track" and "intend" and statements that an event or result "may", "will", "should", "could", 'would' or "might" occur or be achieved and other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements, including statements in respect of the leadership transaction and the ability of the Company to accomplish its business objectives. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including risks related to the need for future waivers or forbearance agreements from the secured creditors of the Company; business and economic conditions in the mining industry generally; fluctuations in commodity prices and currency exchange rates; uncertainty of estimates and projections relating to development, production, costs and expenses, and health, safety and environmental risks; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and indigenous groups in the exploration and development of Ascot's properties and the issuance of required permits; the need to obtain additional financing to finance operations and uncertainty as to the availability and terms of future financing; the possibility of delay in future plans and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risk factors as detailed from time to time in Ascot's filings with Canadian securities regulators, available on Ascot's profile on SEDAR+ at including the Annual Information Form of the Company in the section entitled "Risk Factors'. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. Although Ascot believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since Ascot can give no assurance that such expectations will prove to be correct. Ascot does not undertake any obligation to update forward-looking statements, other than as required by applicable laws. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.
Yahoo
26-05-2025
- Business
- Yahoo
Nano One Provides Annual General Meeting Results & Corporate Update
Video Recording & Voting Results VANCOUVER, BC / / May 26, 2025 / Nano One® Materials Corp. ("Nano One" or the "Company") (TSX:NANO)(OTC PINK:NNOMF)(Frankfurt:LBMB), a process technology company specializing in lithium-ion battery cathode active materials provides a summary of the results from the Annual General Meeting. To watch a video recording of the 2025 Annual General Meeting presentation and access the accompanying corporate materials, please visit: Results of Annual General Meeting Nano One is pleased to announce the results of the annual general meeting of shareholders (the "Meeting"). All matters presented for shareholder approval at the Meeting were approved, as follows: Election of the Directors of the Company for the ensuing year; Appointment of Davidson & Company LLP as Auditors of the Company for the ensuing year and authorizing the directors to fix their remuneration; A total of 35,878,667 common shares were represented by proxy and in person at the Meeting, representing 32.18% of the total issued and outstanding common shares of the Company, which represents quorum. Election of Directors The five nominees listed in the Company's management information circular dated April 14, 2025, were elected Directors as set out below: Nominee Outcome of Vote Votes For % For Votes Withheld % Withheld Anthony Tse Carried 35,737,253 99.61% 141,414 0.39% Dan Blondal Carried 35,862,953 99.96% 15,714 0.04% Dr. Joseph Guy Carried 35,730,591 99.59% 148,076 0.41% Carla Matheson Carried 35,758,203 99.66% 120,464 0.34% Lisa Skakun Carried 35,758,543 99.67% 120,124 0.33% Appointment of Independent Auditor Resolution Outcome of Vote Votes For % For Votes Withheld % Withheld Appointment of Davidson & Company LLP as Auditors of the Corporation for the ensuing year and authorizing the Directors to fix their remuneration. Carried 35,865,367 99.96% 13,330 0.04% Detailed voting results for each of the matters voted on at the meeting will be available for viewing on our website and on SEDAR+ at Nano One's Board of Directors and Executive Team extend their gratitude to Lyle Brown and Gord Kukec for their service as Board members over the years. The Company appreciates their support, counsel, and contributions, and wishes them well in their future endeavours. ### About Nano One® Nano One® Materials Corp. (Nano One) is a technology company changing how the world makes cathode active materials for lithium-ion batteries. Applications include stationary energy storage systems (ESS), portable electronics, and electric vehicles (EVs). The Company's patented One-Pot process reduces costs, is easier-to permit, lowers energy intensity, environmental footprint, and reliance on problematic supply chains. The Company is helping to drive energy security, supply chain resilience, industrial competitiveness and increased performance through process innovation. Scalability is proven and being demonstrated at Nano One's LFP (lithium-iron-phosphate) pilot production plant in Québec-leveraging the only facility and expertise of its kind outside of Asia. Strategic collaborations and partnerships with international companies like Sumitomo Metal Mining, Rio Tinto, and Worley are supporting a design-one-build-many licensing growth strategy-delivering cost-competitive, easier-to-permit and faster-to-market battery materials production solutions world-wide. Nano One has received funding from the Government of Canada, the Government of the United States, the Government of Québec, and the Government of British Columbia. For more information, please visit Company Contact: Paul Guedesinfo@ 420-2041 Cautionary Notes and Forward-looking Statements Certain information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking information in this news release includes but is not limited to: LFP production, joint ventures, contracted projects, revenue generation, operational growth, licensing, government funding, the development of technology, supply chains, and plans for construction and operation of cathode production facilities and Development Project; the Company's current and future business and strategies; estimated future working capital, funds available, and uses of funds, future capital expenditures and other expenses for commercial operations; industry demand; incurrence of costs; competitive conditions; general economic conditions; the intention to grow the business, operations and potential activities of the Company; the functions and intended benefits of Nano One's technology and products; the development and optimization of the Company's technology and products; prospective partnerships and the anticipated benefits of the Company's partnerships; the Company's licensing and, the scalability of developed technology to meet expanded capacity; and the execution of the Company's stated plans - which are contingent on access to capital and grants. Generally, forward-looking information can be identified by the use of terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', 'target', 'goal', 'potential' or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the current opinions and estimates of management as of the date such statements are made are not, and cannot be, a guarantee of future results or events. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including but not limited to: general and global economic and regulatory changes; next steps and timely execution of the Company's business plans; the development of technology, supply chains, and plans for construction and operation of cathode production facilities; successful current or future collaborations that may happen with OEM's, miners or others; the execution of the Company's plans which are contingent on capital sources; the Company's ability to achieve its stated goals; the commercialization of the Company's technology and patents via license, joint venture and independent production; anticipated global demand and projected growth for LFP batteries; and other risk factors as identified in Nano One's MD&A and its Annual Information Form dated March 25, 2025, both for the year ended December 31, 2024, and in recent securities filings for the Company which are available at Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake any obligation to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. SOURCE: Nano One Materials Corp. View the original press release on ACCESS Newswire Sign in to access your portfolio
