United Lithium's Annual Meeting Highlights and Voting Results
United Lithium's Annual Meeting Overview
United Lithium Corp. is pleased to share the outcomes of its annual general meeting where key decisions were made to shape the future of the company. The meeting was a significant event for shareholders and provided a platform for discussing the company’s latest developments.
Voting Results of Elected Directors
At the meeting, all the directors nominated in the information circular were successfully elected. Here’s a brief overview of the voting results:
Nominees and Their Reception
The directors were received positively by the shareholders, with the votes reflecting strong support:
- Scott Eldridge – Received 4,466,915 votes in favor, translating to 93.256% support.
- Iain Scarr – Garnered 4,470,615 votes, which is 93.333% of the votes.
- Henrik Lundin – Secured 4,470,582 votes representing 93.332% support.
- Robert Schafer – Achieved 4,468,490 votes, or 93.289% approval.
- Michael Kobler – Collected 4,469,823 votes with an approval rate of 93.317%.
Re-appointment of Auditors
In addition to the elections, shareholders authorized the re-appointment of Dale Matheson Carr-Hilton LaBonte LLP as the company’s auditors. This decision endorses the firm’s commitment to providing quality audit services, ensuring financial integrity and adherence to reporting standards.
Shareholder Engagement and Representation
The meeting witnessed robust participation, with a total of 4,789,956 common shares represented, signaling strong shareholder engagement. This figure constitutes approximately 10.033% of the total shares issued, reflecting active involvement and interest among the shareholders in United Lithium's strategic directions.
Future of United Lithium
Looking ahead, United Lithium aims to target lithium projects that can leverage advanced infrastructure and favorable political conditions. This forward-thinking approach ensures rapid and cost-effective exploration, development, and production capabilities. The company's mission aligns with the growing demand for lithium, critical for various applications, including electric vehicles and renewable energy solutions.
Contact Information
For further inquiries, please reach out to:
Scott Eldridge
President, Chief Executive Officer and Director
Telephone: +1-604-428-6128
Email: scott@unitedlithium.com
About United Lithium
United Lithium is an exploration and development company focused on harnessing the global demand for lithium. The company thrives on identifying lithium-rich projects in regions endowed with political stability, enabling efficient and economically viable exploration methods.
Frequently Asked Questions
What is the significance of the annual general meeting for United Lithium?
The annual general meeting allows shareholders to participate in key decisions, including the election of directors and the appointment of auditors, shaping the company’s strategy.
Who were elected as directors during the meeting?
Directors elected include Scott Eldridge, Iain Scarr, Henrik Lundin, Robert Schafer, and Michael Kobler, all receiving strong support from shareholders.
What role does the auditor play in the company?
The auditor is responsible for reviewing the company’s financial statements and ensuring compliance with applicable regulations, crucial for maintaining transparency.
How many common shares were represented at the meeting?
A total of 4,789,956 common shares were represented, accounting for about 10.033% of all issued shares, showcasing active shareholder involvement.
What is United Lithium's focus moving forward?
The company is geared towards developing lithium projects in politically stable regions, capitalizing on the increased global demand for lithium-driven technologies.
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