Tectonic Metals Announces Results of Annual General and Special Meeting

Rhea-AI Summary

Tectonic Metals Inc. announced that at the Annual General and Special Meeting held on September 22, 2022, shareholders approved all items on the agenda. This includes the re-election of board members Antonio Reda, Curtis J. Freeman, Allison Rippin Armstrong, Joseph J. Perkins, and Michael W. Roper. Additionally, shareholders re-appointed Davidson & Company LLP as the company’s auditors and adopted a new Equity Incentive Plan. These steps are part of Tectonic's strategic initiatives to enhance governance and incentivize performance.

Positive

• Re-election of board members strengthens management stability.
• Adoption of a new Equity Incentive Plan may improve employee retention and performance.

Negative

• None.

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VANCOUVER, BC / ACCESSWIRE / September 22, 2022 / Tectonic Metals Inc. (TSX-V:TECT; OTCQB:TETOF; FSE:T15B) (the "Company" or "Tectonic") is pleased to announce that Tectonic shareholders approved all matters voted on at the Annual General and Special Meeting of Shareholders ("AGSM") held on Thursday, September 22, 2022, in person and online, including:

• the re-election of Antonio Reda, Curtis J. Freeman, Allison Rippin Armstrong, Joseph J. Perkins and Michael W. Roper to the Tectonic Board of Directors;
• the re-appointment of Davidson & Company LLP as auditors of the Company; and
• the adoption of the Company's new Equity Incentive Plan.

To learn more about Tectonic please click here.

On behalf of Tectonic Metals Inc.,

Tony Reda

President and Chief Executive Officer

For further information about Tectonic Metals Inc. or this news release, please visit our website at www.tectonicmetals.com or contact Bill Stormont, Investor Relations, at toll-free 1.888.685.8558 or by email at info@tectonicmetals.com.

Facebook:	https://www.facebook.com/TectonicMetals/
Twitter:	https://twitter.com/TectonicMetals
Instagram:	https://www.instagram.com/tectonicmetals/
LinkedIn:	https://www.linkedin.com/company/tectonic-metals

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Tectonic Metals Inc.

View source version on accesswire.com:
https://www.accesswire.com/717141/Tectonic-Metals-Announces-Results-of-Annual-General-and-Special-Meeting

FAQ

What were the results of Tectonic Metals' AGSM on September 22, 2022?

All shareholder matters were approved, including board member re-elections and a new Equity Incentive Plan.

Who were re-elected to the Tectonic Metals Board of Directors?

Antonio Reda, Curtis J. Freeman, Allison Rippin Armstrong, Joseph J. Perkins, and Michael W. Roper were re-elected.

What is the significance of the new Equity Incentive Plan for Tectonic Metals?

The new plan aims to incentivize employee performance and align their interests with shareholders.

Which company was re-appointed as auditors for Tectonic Metals?

Davidson & Company LLP was re-appointed as the company's auditors.