IsoEnergy Announces Results Following Annual General Meeting of Shareholders
Rhea-AI Summary
IsoEnergy (NYSE American: ISOU) held its annual general meeting of shareholders virtually, with 63.95% of shareholders participating. All proposed matters received approval, including the election of six directors and the reappointment of KPMG LLP as auditor.
In the director elections, Leigh Curyer received the highest approval rate at 99.91%, while Richard Patricio received the lowest at 80.17%. KPMG LLP was reappointed as auditor with 99.97% approval.
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News Market Reaction – ISOU
In the trading session that priced this news, ISOU gained 2.02%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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A total of 30,745,294 common shares of the Company, representing
The complete voting results from the Meeting are as follows:
1. Election of Directors
Each of the six nominees listed in the Circular were elected to hold office until the next annual meeting of Shareholders or until his successor is duly elected or appointed. Proxies were tabulated as follows:
Name of Nominee | Votes FOR | % Votes | Votes | % Votes |
Philip Williams | 28,340,428 | 98.75 % | 358,434 | 1.25 % |
Richard Patricio | 23,008,311 | 80.17 % | 5,690,553 | 19.83 % |
Leigh Curyer | 28,672,931 | 99.91 % | 25,932 | 0.09 % |
Christopher McFadden | 28,217,466 | 98.32 % | 481,398 | 1.68 % |
Peter Netupsky | 28,312,966 | 98.66 % | 385,897 | 1.34 % |
Mark Raguz | 26,196,248 | 91.28 % | 2,502,615 | 8.72 % |
2. Appointment of Auditor
KPMG LLP was re-appointed as auditor of the Company until the close of the next annual meeting of Shareholders at a remuneration to be fixed by the Board of Directors of the Company. Proxies were tabulated as follows:
Votes FOR | % Votes FOR | Votes WITHHELD | % Votes WITHHELD |
30,737,426 | 99.97 % | 7,868 | 0.03 % |
About IsoEnergy Ltd.
IsoEnergy (NYSE American: ISOU; TSX: ISO) is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions of
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation and "forward-looking statements" within the meaning of
Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management at the time, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Such assumptions include, but are not limited to, assumptions that the results of planned exploration and development activities are as anticipated; the anticipated mineralization of IsoEnergy's projects being consistent with expectations and the potential benefits from such projects and any upside from such projects; the price of uranium; that general business and economic conditions will not change in a materially adverse manner; that financing will be available if and when needed and on reasonable terms; and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned activities will be available on reasonable terms and in a timely manner. Although IsoEnergy has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, 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.
Such statements represent the current views of IsoEnergy with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by IsoEnergy, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Risks and uncertainties include, but are not limited to the following: negative operating cash flow and dependence on third party financing; uncertainty of additional financing; no known mineral reserves; aboriginal title and consultation issues; reliance on key management and other personnel; actual results of exploration activities being different than anticipated; changes in exploration programs based upon results; availability of third party contractors; availability of equipment and supplies; failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena; other environmental risks; changes in laws and regulations; regulatory determinations and delays; stock market conditions generally; demand, supply and pricing for uranium; other risks associated with the mineral exploration industry; and general economic and political conditions in
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SOURCE IsoEnergy Ltd.