Nano One Announces Results of Annual General Meeting

Nano One Materials Corp (NNOMF) reported the results of its annual general meeting held on August 2, 2022, with 24,138,258 common shares represented, equating to 25.25% of total shares.

Rhea-AI Summary

Nano One Materials Corp (NNOMF) reported the results of its annual general meeting held on August 2, 2022, with 24,138,258 common shares represented, equating to 25.25% of total shares. All proposals were approved, including an increase in the number of directors to seven, their election, and the appointment of Davidson & Company LLP as auditors. The company focuses on clean technology for lithium-ion battery materials, with ongoing support from Sustainable Development Technology Canada and the Innovative Clean Energy Fund.

Positive

• 100% approval for all matters presented at the AGM.
• Increased board size may enhance corporate governance.

Negative

• Only 25.25% of total shares were represented in the vote.

Argus Session date unavailable

+0.91% session move Open Argus

Details

News Market Reaction – NNOMF

The recorded move for NNOMF in the trading session of this news was +0.91%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

VANCOUVER, BC / ACCESSWIRE / August 2, 2022 / Nano One ^® Materials Corp. (TSX:NANO)(OTC PINK:NNOMF)(Frankfurt:LBMB) (the "Company"), a clean technology company with patented processes for the low-cost, low-environmental footprint production of high-performance cathode materials used in lithium-ion batteries, is pleased to announce the results of the annual general meeting of shareholders adjourned July 26, 2022, and reconvened today in Vancouver, British Columbia (the " Meeting ").

A total of 24,138,258 common shares were represented at the Meeting, representing 25.25% of the total issued and outstanding common shares of the Company.

All matters presented for shareholder approval at the Meeting were approved, as follows:

1. Increase the number of directors to seven (7);
2. Election of the directors of the Company for the ensuing year; and
3. Appointment of Davidson & Company LLP as Auditors of the Corporation for the ensuing year and authorizing the directors to fix their remuneration.

Election of Directors

The seven nominees listed in the Company's management information circular dated June 17, 2022, were elected directors as set out below:

Nominee	Outcome of Vote	Votes For	% For	Votes Withheld	% Withheld
Dan Blondal	Carried	24,128,161	99.96	10,097	0.04
Lyle Brown	Carried	24,107,711	99.87	30,547	0.13
Dr. Joseph Guy	Carried	24,117,761	99.92	20,497	0.08
Gordon Kukec	Carried	18,989,411	78.67	5,148,847	21.33
Carla Matheson	Carried	24,124,181	99.94	14,077	0.06
Paul Matysek	Carried	18,921,231	78.39	5,217,027	21.61
Lisa Skakun	Carried	24,118,106	99.92	20,152	0.08

Appointment of Independent Auditor

Resolution	Outcome of Vote	Votes For	% For	Votes Withheld	% Withheld
Appointment of Davidson & Company LLP as Auditors of the Corporation for the ensuing year and authorizing the Directors to fix their remuneration.	Carried	24,114,254	99.90	24,004	0.10

Detailed voting results for each of the matters voted on at the meeting will be available for viewing on SEDAR at www.sedar.com .

About Nano One

Nano One® Materials Corp (Nano One) is a clean technology company with a patented, scalable and low carbon intensity industrial process for the low-cost production of high-performance lithium-ion battery cathode materials. The technology is applicable to electric vehicle, energy storage, consumer electronic and next generation batteries in the global push for a zero-emission future. Nano One's One-Pot process, its coated nanocrystal materials and its Metal to Cathode Active Material (M2CAM®) technologies address fundamental performance needs and supply chain constraints while reducing costs and carbon footprint. Nano One has received funding from various government programs and the current "Scaling of Advanced Battery Materials Project" is supported by Sustainable Development Technology Canada (SDTC) and the Innovative Clean Energy (ICE) Fund of the Province of British Columbia. For more information, please visit www.nanoone.ca

Company Contact:

Paul Guedes
info@nanoone.ca
(604) 420-2041

SOURCE: Nano One Materials Corp.

View source version on accesswire.com:
https://www.accesswire.com/710662/Nano-One-Announces-Results-of-Annual-General-Meeting

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What decisions were made at the Nano One annual general meeting on August 2, 2022?

All proposals at the meeting were approved, including increasing the number of directors to seven and appointing Davidson & Company LLP as auditors.

What was the shareholder turnout for Nano One's AGM?

The AGM had 24,138,258 common shares represented, which is 25.25% of the total issued shares.

What is the significance of Nano One's AGM decisions for investors?

The decisions, including board expansion and auditor appointment, may lead to improved governance and transparency for investors.

What is Nano One's business focus?

Nano One specializes in clean technology for the production of lithium-ion battery cathode materials.