Lithium Argentina Reports 2024 Annual General and Special Meeting Results
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Rhea-AI Summary
Lithium Americas (Argentina) Corp. (TSX: LAAC, NYSE: LAAC) announced the results of its annual general and special meeting held on June 20, 2024. Eight directors were re-elected, with votes overwhelmingly in favor: John Kanellitsas (95.19%), Sam Pigott (97.99%), George Ireland (88.99%), Diego Lopez Casanello (98.52%), Robert Doyle (98.48%), Franco Mignacco (98.09%), Monica Moretto (98.70%), and Calum Morrison (98.49%).
Shareholders set the Board size at eight members, re-appointed PricewaterhouseCoopers LLP as auditor, and approved amendments to the incentive plan and executive compensation approach. Detailed results and further information are available on SEDAR and the company’s website.
Positive
- Eight directors re-elected with strong support (over 88% approval).
- Board of Directors size confirmed at eight members.
- PricewaterhouseCoopers LLP re-appointed as auditor.
- Amendments to the incentive plan and executive compensation approach approved.
Negative
- None.
Details
News Market Reaction – LAAC
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VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) is pleased to announce the results from its annual general and special meeting held on June 20, 2024 (the “Meeting”).
At the Meeting, the eight director nominees listed in the Company's management information circular dated May 10, 2024 (the “Circular”) were also re-elected as directors to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below:
| Director Nominees | Votes For | Votes Withheld |
| John Kanellitsas | 57,418,374 ( | 2,901,604 ( |
| Sam Pigott | 59,108,709 ( | 1,211,269 ( |
| George Ireland | 53,677,512 ( | 6,642,466 ( |
| Diego Lopez Casanello | 59,430,054 ( | 889,924 ( |
| Robert Doyle | 59,402,761 ( | 917,217 ( |
| Franco Mignacco | 59,168,249 ( | 1,151,730 ( |
| Monica Moretto | 59,537,448 ( | 782,531 ( |
| Calum Morrison | 59,411,593 ( | 908,387 ( |
In addition to the election of directors, shareholders also set the size of the Board of Directors at eight, re-appointed PricewaterhouseCoopers LLP as the Company’s auditor and approved amendments to the Company’s amended and restated incentive plan and its approach to executive compensation.
Detailed voting results on all matters considered at the Meeting are reported in the Report of Voting Results as filed on SEDAR (www.sedar.com). Please refer to the Circular for more detailed information, available on the Company’s website (www.lithiumamericas.com) and on SEDAR (www.sedar.com).
ABOUT LITHIUM ARGENTINA
Lithium Argentina is an emerging producer of lithium carbonate for use primarily in lithium-ion batteries and electric vehicles. The Company, in partnership with Ganfeng Lithium Co, Ltd., is ramping up production of the Caucharí-Olaroz lithium brine operation in Argentina and advancing development of additional lithium resources in the region. Lithium Argentina currently trades on the TSX and on the NYSE, under the ticker symbol “LAAC.”
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