VANCOUVER, Nov. 14, 2017 /CNW/ - Hannan Metals
Limited ("Hannan" or the "Company") (TSX.V: HAN)
(OTCPK: HANNF) is pleased to announce the results from its
Annual and Special Meeting of Shareholders held on Tuesday, November 14, 2017 (the
"A&SM") in Vancouver,
BC.
Shareholders holding a total of 13,556,329 common shares were
represented in person or by proxy at the A&SM, representing
33.67% of the votes attached to all outstanding common shares of
the Company as at the record date. Shareholders voted in
favour of all the matters submitted before the A&SM as set out
in the Notice of Meeting and Information Circular dated
October 10, 2017, including:
- Setting the size of the Board to five directors and electing
the following as directors until the next annual shareholder
meeting of the Company: Michael
Hudson, Ciara Talbot,
Georgina Carnegie, Nick DeMare and David
Henstridge;
- Appointing Davidson & Company, Chartered Professional
Accountants, as the Company's auditor for the ensuing year;
- An ordinary resolution approving a new 10% rolling Stock Option
Plan;
- A special resolution adopting a new form of Articles of the
Company; and
- Pursuant to Section 74 of the Business Corporations Act
(British Columbia), a special
resolution approving the reduction of the Company's deficit by a
corresponding reduction in the share capital of the Company, as
more particularly described in the Information Circular. This
resolution will take immediate effect.
Subsequent to the A&SM, the Board re-appointed Mr. Hudson as
Chairman and CEO, Mr. DeMare as President, Mr. Harvey Lim as Chief Financial Officer, Mr.
Lars Dahlenborg as Vice President of
Exploration and Ms. Mariana Bermudez
as Corporate Secretary. Messrs DeMare, Henstridge and
Ms. Talbot were appointed as members of the Audit Committee.
On behalf of the Board,
"Michael
Hudson"
Michael Hudson, Chairman &
CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
SOURCE Hannan Metals Ltd.