Avalon Announces the Results of its 2017 Annual and Special Meeting of Shareholders
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Feb 24, 2017 08:03AM
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Toronto, ON – Avalon Advanced Materials Inc.(TSX: AVL and OTCQX: AVLNF) (“Avalon” or the “Company”) is pleased to announce the results of its 2017 Annual and Special Meeting of Shareholders held in Toronto, Ontario on February 22, 2017 (the “Meeting”).
At the Meeting, all five director nominees listed in the Company’s information circular dated January 10, 2017 were elected as directors of the Company. The detailed results of the vote are as follows:
Director | Number of Votes Cast | Percentage of Votes Cast | |
Donald Bubar | In Favour: Withheld: |
29,932,828 970,654 |
96.86 3.14 |
Brian MacEachen | In Favour: Withheld: |
29,927,482 976,000 |
96.84 3.16 |
Alan Ferry | In Favour: Withheld: |
29,949,291 954,191 |
96.91 3.09 |
Jane Pagel | In Favour: Withheld: |
29,972,222 931,260 |
96.99 3.01 |
Kenneth G. Thomas | In Favour: Withheld: |
29,947,401 956,081 |
96.91 3.09 |
Former director Peter McCarter has retired from business and, accordingly, chose not to stand for re-election. Avalon President & CEO, Don Bubar, thanks Mr. McCarter for his 10 years of service to Avalon, especially as a member of the Company’s Audit Committee and as chair of the Company’s Compensation, Governance and Nominating Committee.
In addition, at the Meeting shareholders appointed Deloitte LLP as auditors of the Company and approved amendments to, as well as all unallocated options, rights or other entitlements under the Company’s stock option plan.
About Avalon Advanced Materials Inc.
Avalon Advanced Materials Inc. is a Canadian mineral development company specializing in niche market metals and minerals with growing demand in new technology. The Company has three advanced stage projects, all 100%-owned, providing investors with exposure to lithium, tin and indium, as well as rare earth elements, tantalum, niobium, and zirconium. Avalon is currently focusing on its Separation Rapids Lithium Project, Kenora, ON and its East Kemptville Tin-Indium Project, Yarmouth, NS. Social responsibility and environmental stewardship are corporate cornerstones.
For questions and feedback, please e-mail the Company at [email protected], or phone Don Bubar, President & CEO at 416-364-4938.