Century Lithium shareholders OK all resolutions at AGM
2023-10-30 18:53 ET – News Release
Mr. William Willoughby reports
CENTURY LITHIUM PROVIDES RESULTS OF ANNUAL GENERAL & SPECIAL MEETING
All proposed resolutions were passed by the requisite majority at Century Lithium Corp.’s annual general and special meeting, held on Oct. 30, 2023, through a virtual webcast.
Shareholders voted in favour of setting the number of directors at six, and Bryan Disher, William Willoughby, James Pettit, Donald Myers, Corby Anderson and Ken Owen were re-elected to the board.
Shareholders also approved and ratified the company’s long-term incentive plan and the appointment of PricewaterhouseCoopers LLP as auditor of the company for the ensuing year.
In addition, shareholders approved the extension on the expiry date of 750,000 currently issued and outstanding stock options held by Abraham Jonker, chief financial officer of the company to May 3, 2026, being the date which is five years following the date on which the options were originally granted. All other terms of the options will remain unchanged. The options were granted to Mr. Jonker on May 3, 2021, with an exercise price of $1.25 and an original expiry date of May 3, 2024. The amendment of the options remains subject to TSX Venture Exchange approval.
About Century Lithium Corp.
Century Lithium (formerly Cypress Development Corp.) is an advanced-stage lithium company, focused on developing its 100-per-cent-owned Clayton Valley lithium project in west-central Nevada, United States. Century Lithium is currently in the pilot stage of testing on material from its lithium-bearing claystone deposit at its lithium extraction facility in Amargosa Valley, Nevada, and progressing toward completing a feasibility study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.
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