TSXV: NOVR
OTCQB: NOVRF
VANCOUVER, BC, June 22, 2022 /CNW/ - Nova Royalty
Corp. ("Nova" or the "Company") (TSXV: NOVR)
(OTCQB: NOVRF) is pleased to announce the voting results for its
annual general meeting of shareholders held on June 21, 2022 (the "Meeting").
Brett Heath, Alex Tsukernik, E.B. Tucker, Johanna Fipke, Andrew
Greville and Luke Leslie were
re-elected to serve as directors of the Company. A total of
41,317,681 common shares were represented at the Meeting,
representing 48.51% of the Company's issued and outstanding common
shares.
Shareholders approved all matters brought before the
Meeting as follows:
MOTIONS
|
NUMBER OF
SHARES
|
PERCENTAGE OF VOTES
CAST
|
FOR
|
AGAINST
|
WITHHELD/
ABSTAIN
|
SPOILED
|
FOR
|
AGAINST
|
WITHHELD/
ABSTAIN
|
Number of
Directors
|
26,215,051
|
202,861
|
0
|
0
|
99.23 %
|
0.77 %
|
0.00 %
|
Brett Heath
|
26,328,042
|
0
|
89,870
|
0
|
99.66 %
|
0.00 %
|
0.34 %
|
Alex
Tsukernik
|
26,350,978
|
0
|
66,934
|
0
|
99.75 %
|
0.00 %
|
0.25 %
|
E.B. Tucker
|
26,343,718
|
0
|
74,194
|
0
|
99.72 %
|
0.00 %
|
0.28 %
|
Johanna
Fipke
|
26,328,626
|
0
|
89,286
|
0
|
99.66 %
|
0.00 %
|
0.34 %
|
Andrew
Greville
|
26,328,627
|
0
|
89,285
|
0
|
99.66 %
|
0.00 %
|
0.34 %
|
Luke Leslie
|
26,317,561
|
0
|
100,351
|
0
|
99.62 %
|
0.00 %
|
0.38 %
|
Appointment of
Auditors
|
41,167,571
|
0
|
150,110
|
0
|
99.64 %
|
0.00 %
|
0.36 %
|
Approval of Share
Compensation Plan
|
24,840,211
|
1,577,701
|
0
|
0
|
94.03 %
|
5.97 %
|
0.00 %
|
LETTER TO SHAREHOLDERS
Nova is also pleased to provide a Company update via a letter to
shareholders written by President and CEO, Alex Tsukernik. The letter can be accessed on
the Nova Royalty website, by clicking here.
ABOUT NOVA
Nova Royalty is a company focused on providing investors with
royalty exposure to the key building blocks of clean energy –
copper and nickel. The Company is headquartered in Vancouver, British Columbia and is listed on
the TSX Venture Exchange under the trading symbol "NOVR" and on the
US OTCQB under the trading symbol "NOVRF".
ON BEHALF OF NOVA ROYALTY CORP.,
(signed) "Alex Tsukernik"
President and Chief Executive Officer
Website: www.novaroyalty.com
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.
Cautionary Note Regarding Forward-Looking
Statements
This press release contains "forward-looking information" and
"forward-looking statements" within the meaning of applicable
securities legislation. The forward-looking statements herein are
made as of the date of this press release only, and the Company
does not assume any obligation to update or revise them to reflect
new information, estimates or opinions, future events or results or
otherwise, except as required by applicable law. Often, but not
always, forward-looking statements can be identified by the use of
words such as "plans", "expects", "is expected", "budgets",
"scheduled", "estimates", "forecasts", "predicts", "projects",
"intends", "targets", "aims", "anticipates" or "believes" or
variations (including negative variations) of such words and
phrases or may be identified by statements to the effect that
certain actions "may", "could", "should", "would", "might" or
"will" be taken, occur or be achieved. Forward-looking statements
and information are subject to various known and unknown risks and
uncertainties, many of which are beyond the ability of Nova to
control or predict, that may cause Nova's actual results,
performance or achievements to be materially different from those
expressed or implied thereby, and are developed based on
assumptions about such risks, uncertainties and other factors set
out herein, including, but not limited to, the risk factors set out
under the heading "Risk Factors" in the Company's annual
information form dated April 29, 2022
and other filings available for review on the Company's profile
at www.sedar.com. Such forward-looking information
represents management's best judgment based on information
currently available. Except as required by applicable securities
laws, the Company undertakes no obligation to update these
forward-looking statements in the event that management's beliefs,
estimates or opinions, or other factors, should change. No
forward-looking statement can be guaranteed and actual future
results may vary materially. Accordingly, readers are advised not
to place undue reliance on forward-looking statements or
information.
SOURCE Nova Royalty Corp.