NanoXplore Annual Meeting Recap: Shareholder Resolutions Passed
NanoXplore Successfully Concludes Its Annual Shareholders Meeting
MONTREAL — NanoXplore Inc. (TSX: GRA and OTCQX: NNXPF), a leading name in the graphene industry, has recently concluded its Annual Meeting of Shareholders. During this pivotal meeting, all proposed resolutions were adopted with strong shareholder support.
A total of 90,977,275 shares, representing 53.3% of outstanding common shares, were represented at the meeting. Shareholders took this opportunity to elect the Board of Directors and to reappoint PricewaterhouseCoopers LLP as the independent auditors for the upcoming year.
Board of Directors Election Results
The Board of Directors proposed to maintain a nine-member board for NanoXplore. Each of the nominees, who were previously serving on the board, was unanimously re-elected. This successful election underscores the confidence shareholders have in the current leadership and direction of the corporation.
Here’s a summary of the election results for the nominees:
- Rob Wildeboer: Votes For: 88,458,079 (99.985%), Votes Against: 13,102 (0.015%)
- Benoît Gascon: Votes For: 87,067,781 (98.414%), Votes Against: 1,403,400 (1.586%)
- Soroush Nazarpour: Votes For: 88,446,374 (99.972%), Votes Against: 24,807 (0.028%)
- Cameron Harris: Votes For: 88,414,997 (99.936%), Votes Against: 56,184 (0.064%)
- Arinder S. Mahal: Votes For: 88,368,262 (99.884%), Votes Against: 102,919 (0.116%)
- Joseph G. Peter: Votes For: 88,413,369 (99.935%), Votes Against: 57,812 (0.065%)
- Catherine Loubier: Votes For: 88,408,492 (99.972%), Votes Against: 62,689 (0.071%)
- Jesse C.H. Stanley: Votes For: 88,410,572 (99.931%), Votes Against: 60,609 (0.069%)
- Hélène V. Gagnon: Votes For: 88,382,297 (99.900%), Votes Against: 88,884 (0.100%)
Appointment of Auditor
The shareholders also approved the reappointment of PricewaterhouseCoopers LLP as the auditors for NanoXplore until the next Annual Meeting. Furthermore, the directors have been empowered to determine the remuneration of the auditor based on performance and market standards.
Votes tallied for the auditor were overwhelmingly positive, with 90,940,821 votes in favor, which accounts for an impressive 99.960%. Only 36,454 votes were withheld.
About NanoXplore Inc.
NanoXplore is an innovative graphene company specializing in the manufacture and supply of high-volume graphene powder tailored for various sectors such as transportation and industry. The corporation also produces custom graphene-enhanced products that cater to diverse applications, including packaging and electronics. Notably, NanoXplore is venturing into the realm of silicon-graphene-enhanced lithium-ion batteries, a move that positions it favorably for growth in both Electric Vehicle and grid storage markets.
Located in Montreal, Quebec, the company boasts manufacturing facilities across Canada, the United States, and Switzerland, reflecting its commitment to expanding its reach and capacity in the graphene market.
For Further Information
For more inquiries or details regarding NanoXplore's operations, you may contact:
Pierre Yves Terrisse
Vice-President Corporate Development
pyterrisse@nanoXplore.ca
Tel: 1 438 476-1965
Frequently Asked Questions
What was the main highlight of the NanoXplore Annual Meeting?
The main highlight was the successful re-election of all nominees to the Board of Directors, which reflects strong shareholder support.
Who were the auditors appointed at the meeting?
PricewaterhouseCoopers LLP was reappointed as the independent auditor for NanoXplore.
How many shares were represented at the meeting?
A total of 90,977,275 shares were represented, accounting for 53.3% of outstanding common shares.
Is NanoXplore involved in battery technology?
Yes, NanoXplore is developing silicon-graphene-enhanced lithium-ion batteries aimed at the Electric Vehicle and grid storage markets.
How can I contact NanoXplore for more information?
You can contact Pierre Yves Terrisse via email at pyterrisse@nanoXplore.ca or by phone at 1 438 476-1965.
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