Argentina Lithium Announces Voting Results
Rhea-AI Summary
On June 16, 2021, Argentina Lithium & Energy Corp. held its Annual General & Special Meeting, where shareholders elected three directors, including incumbent Joseph Grosso and Nikolaos Cacos, with Darren Urquhart joining the Board. A total of 17,158,240 shares were voted, representing 39.87% of the outstanding shares. All resolutions received strong support from shareholders, reflecting confidence in the Company's direction as it focuses on lithium projects in Argentina to cater to the growing battery sector demand.
Positive
- All resolutions received strong support from shareholders.
- Incumbent directors re-elected, indicating confidence in leadership.
- Focus on lithium projects in Argentina aligns with growing global demand from the battery sector.
Negative
- None.
News Market Reaction – PNXLF
On the day this news was published, PNXLF gained 2.74%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQB Venture Market (OTC): PNXLF
VANCOUVER, BC, June 18, 2021 /PRNewswire/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") announces that at the Annual General & Special Meeting of shareholders held on June 16, 2021, each of the 3 nominees listed in the management information circular filed on May 18, 2021 with regulatory authorities were elected as directors of the Company. 17,158,240 shares were voted representing
The Company is pleased to announce all resolutions received support from our shareholders at the meeting. Incumbent directors Joseph Grosso and Nikolaos Cacos were re-elected and Darren Urquhart was elected to the Board of Directors of the Company.
About Argentina Lithium
Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina, and advancing them towards production in order to meet the growing global demand from the battery sector. The management group has a long history of success in the resource sector of Argentina, and has assembled a first rate team of experts to acquire and advance the best lithium properties in the world renowned "Lithium Triangle". The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
"Nikolaos Cacos"
_______________________________
Nikolaos Cacos, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Argentina Lithium & Energy Corp.