TORONTO, June 8, 2023
/CNW/ - Neo Performance Materials Inc. ("Neo" or the
"Company") (TSX: NEO) reports, in accordance with the
policies of the Toronto Stock Exchange, that the nominees listed in
the management information circular dated April 25, 2023 for the Annual General and Special
Meeting of Shareholders (the "Meeting") were elected as
directors of the Company. A total of 25,286,682 common shares
were voted in person or by proxy, representing 55.9% of the
outstanding common shares.
Shareholders voted as follows:
|
Brief Description of
Matter Voted Upon
|
Outcome of
Vote
|
Common Shares
Voted
|
|
For
|
Withheld
|
|
1.
|
Election of
Directors
In respect of the
election of the following directors of the
Corporation to serve until the next annual meeting of the
shareholders of the
Corporation:
|
|
|
|
|
·
Claire M.C. Kennedy
|
Elected
|
87.84 %
|
12.16 %
|
|
·
Constantine E. Karayannopoulos
|
Elected
|
97.04 %
|
2.96 %
|
|
·
Eric Noyrez
|
Elected
|
99.79 %
|
0.21 %
|
|
·
Edgar Lee
|
Elected
|
99.55 %
|
0.45 %
|
|
·
G. Gail Edwards
|
Elected
|
99.72 %
|
0.28 %
|
|
·
Yadin Rozov
|
Elected
|
99.71 %
|
0.29 %
|
|
2.
|
Re-Appointment of
Auditors
In respect of the
re-appointment KPMG LLP, Chartered
Accountants, as the auditors of the Corporation
until
the close
of next annual meeting and
authorizing the directors of the
Corporation to fix their remuneration
|
Approved
|
99.77 %
|
0.23 %
|
|
3.
|
Approval of Amended
& Restated Shareholder Right Plan
In respect of the
approval, ratification and confirmation of the
Amended & Restated Shareholder Rights Plan of the
Corporation
|
Approved by
ballot
|
94.62 %
|
5.38 %
|
About Neo Performance
Materials
Neo manufactures the building blocks of many modern technologies
that enhance efficiency and sustainability. Neo's advanced
industrial materials - magnetic powders and magnets, specialty
chemicals, metals, and alloys - are critical to the performance of
many everyday products and emerging technologies. Neo's products
help to deliver the technologies of tomorrow to consumers today.
The business of Neo is organized along three segments: Magnequench,
Chemicals & Oxides and Rare Metals. Neo is headquartered in
Toronto, Ontario, Canada; with
corporate offices in Greenwood Village,
Colorado, United States;
Singapore; and Beijing, China. Neo has a global platform that
includes 9 manufacturing facilities located in China, the United
States, Germany,
Canada, Estonia, and Thailand, as well as one dedicated research
and development centre in Singapore. For more information, please visit
www.neomaterials.com.
Cautionary Statements Regarding
Forward-Looking Statements
This news release may contain "forward-looking information"
within the meaning of applicable Canadian securities legislation.
Generally, but not always, forward-looking information and
statements can be identified by the use of words such as
"plans", "expects", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends",
"anticipates", or "believes" or the negative
connotation thereof or variations of such words and phrases or
state that certain actions, events or results "may",
"could", "would", "might" or "will be
taken", "occur" or "be achieved" or the negative
connotation thereof. Specific forward-looking statements in this
news release include, but are not limited to, the following:
matters relating to the Meeting, including the timing and conduct
of such Meeting and the matters to be considered by the Company's
shareholders at the Meeting. In making the forward-looking
information in this news release, the Company has applied certain
factors and assumptions that are based on its current beliefs as
well as assumptions made by and information currently available to
the Company. Although the Company considers these assumptions to be
reasonable based on information currently available to it, they may
prove to be incorrect, and the forward-looking information in this
release are subject to numerous risks, uncertainties and other
factors that may cause future results to differ materially from
those expressed or implied in such forward-looking information.
Readers are cautioned not to place undue reliance on
forward-looking information. The Company does not intend, and
expressly disclaims any intention or obligation to, update or
revise any forward-looking information whether as a result of new
information, future events or otherwise, except as required by law.
For more information on Neo, investors should review Neo's
continuous disclosure filings that are available under Neo's
profile at www.sedar.com.
SOURCE Neo Performance Materials, Inc.