Electric Metals (USA) Announces Results of Annual Shareholder Meeting

TORONTO, ON / ACCESSWIRE / June 27, 2024 / Electric Metals (USA) Limited ("EML" or the "Company") revealed the outcomes of its annual and special meeting held on June 26, 2024. Shareholders approved the appointment of Baker Tilly WM LLP as auditor, expanded the Board of Directors to seven members, and elected all management's nominees, including Dr. Quinton Hennigh and Tyson Hall.

Oliver Lennox-King, Non-Executive Chairman, is retiring. The Company expressed gratitude for his contributions. CEO Brian Savage welcomed the new appointees, highlighting their expertise as valuable assets to EML’s growth in high-grade manganese production.

Dr. Quinton Hennigh brings extensive experience in economic geology, while Tyson Hall offers a robust background in specialty chemicals and executive leadership. Their combined skills are expected to support the Company’s strategic goals.

Additionally, the company has issued 1,600,000 incentive stock options to directors at a strike price of $0.25 per share, exercisable for ten years, pending TSX approval.