VANCOUVER, Aug. 30, 2016 /PRNewswire/ - eCobalt Solutions
Inc. (TSX:ECS) (the "Company" or "eCobalt", formerly known
as Formation Metals Inc.) announces the voting results from its
2016 Annual and Special Meeting (the "Meeting") held Monday, August 8th, 2016 in
Vancouver, B.C.
A total of 40,173,279 common shares of the 105,892,405 common
shares outstanding were voted, representing 37.94% of the issued
and outstanding common shares of eCobalt. Shareholders voted
in favour of all items of business before the Meeting, including
the election of all directors as follows:
Nominee
|
Votes In
Favour
|
Votes
Withheld
|
Robert J.
Quinn
|
26,919,340
|
111,320
|
David
Stone
|
26,919,340
|
111,320
|
Robert
Metka
|
26,919,337
|
111,323
|
Gregory
Hahn
|
26,925,123
|
105,537
|
Scott Hean
|
26,873,907
|
156,753
|
David
Christie
|
26,999,640
|
31,020
|
Paul
Farquharson
|
26,925,337
|
105,323
|
The other resolutions passed at the Meeting were (1) the
re-appointment of Smythe Ratcliffe LLP, Chartered Accountants, as
the auditor of the Company; (2) reconfirmation of the Company's
Shareholder Rights Plan; and (3) amendment of the Company's
Articles, implementing advance notice procedures relating to the
nomination of directors.
Detailed voting results for the 2016 the Meeting are available
on SEDAR at www.sedar.com.
At the Board of Directors meeting following the Meeting the
following officers were appointed:
Robert
Quinn
|
Chairman
|
J. Paul
Farquharson
|
President and
CEO
|
Marcus
Tran
|
CFO and Corporate
Secretary
|
E.R. (Rick)
Honsinger
|
Senior Vice
President
|
About eCobalt Solutions Inc.
eCobalt Solutions is well established Toronto Stock Exchange
listed company committed to providing a unique opportunity for
consumers to acquire an ethically sourced, environmentally sound,
transparent supply of battery grade cobalt salts, essential for the
rapidly growing rechargeable battery and renewable energy sectors,
produced safely and responsibly in the United States.
eCobalt Solutions Inc.
"J. Paul Farquharson"
J. Paul Farquharson
President & CEO
SOURCE eCobalt Solutions Inc.