Forsys Metals Corp. Reports Successful Annual Meeting Outcomes
Forsys Metals Corp. Annual Meeting Highlights
TORONTO, June 30, 2025 — Forsys Metals Corp. (TSX: FSY) (FSE: F2T) (NSX: FSY), a rising player in uranium development, proudly announces the results of its annual meeting for shareholders, conducted virtually. This meeting served as a pivotal moment for the company's shareholders to voice their support for ongoing leadership enhancements amidst its growth trajectory.
Shareholder Participation and Voting Results
During the meeting, an impressive total of 140,404,198 common shares, representing 66.46% of the company's issued shares, were cast. This remarkable level of participation underscores shareholders' commitment to Forsys. The votes not only delineated the support for the nominated directors but also reflected shareholders’ enthusiasm for the company’s strategic vision.
Election of Directors
The directors elected during this meeting were met with resounding approval. The voting results for each nominee were as follows:
Martin Rowley: Received 107,190,043 votes, signifying 78.002% in favor.
Mark Frewin: Garnered 117,605,323 votes, amounting to 85.581% support.
Jorge Estepa: Attained 117,605,267 votes, also reflecting 85.581% approval.
Knowledge Katti: Achieved a staggering 99.953% in favor with 137,355,499 votes.
Pierfranco Malpenga: Secured 137,352,001 votes, earning a commendable 99.950% support.
Stefano Roma: Gathered 117,607,768 votes, representing 85.583% support.
Re-appointment of Auditors
In addition to the meaningful election results, shareholders overwhelmingly voted for the re-appointment of BDO Audit Pty Ltd. as the company's auditors. This decision exemplifies the shareholders' confidence in Forsys’ financial governance and accountability.
About Forsys Metals Corp.
Forsys Metals Corp. (TSX: FSY, FSE: F2T, NSX: FSY) stands at the forefront of uranium development, focusing its efforts on the advancement of the Norasa Uranium Project—a valuable asset located in the favorable mining territory of Namibia, Africa. This project includes the Valencia Uranium deposit (ML-149) in addition to the nearby Namibplaas Uranium deposit (EPL-3638). By emphasizing sustainable and responsible development, Forsys is positioned to make a substantial impact in the uranium sector.
Company Vision
The vision of Forsys Metals Corp. revolves around the sustainable advancement of its uranium resources, prioritizing safety and effectiveness in every step of its operations. The commitment to innovation and resource management propels the company towards achieving its long-term goals, ultimately contributing to global energy demands.
Contact Information
For more details, please reach out to:
Jorge Estepa, Corporate Secretary
Telephone: (416) 818-4035
Email: jestepa@forsysmetals.com
Frequently Asked Questions
1. What are the main outcomes of the Forsys annual meeting?
The annual meeting resulted in the election of six directors and the re-appointment of BDO Audit Pty Ltd. as the company's auditors.
2. How many shares were voted during the meeting?
A total of 140,404,198 common shares were voted, representing 66.46% of Forsys’ issued shares.
3. Who were the nominees elected during the meeting?
The nominees elected included Martin Rowley, Mark Frewin, Jorge Estepa, Knowledge Katti, Pierfranco Malpenga, and Stefano Roma.
4. Where is the Norasa Uranium Project located?
The Norasa Uranium Project is situated in Namibia, a region recognized for its favorable conditions for uranium mining.
5. How can stakeholders contact Forsys Metals Corp. for more information?
Stakeholders can contact Jorge Estepa, the Corporate Secretary, at (416) 818-4035 or via email at jestepa@forsysmetals.com.
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