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Energizer Resources Inc. (TSX:EGZ,OTCQC:ENZR,FWB:YE5) reported results from the Annual and Special Meeting of its Stockholders on December 11, 2013. All resolutions were passed with strong majorities of the common shares voted.
Resolution 1: At the meeting, holders of at least 91% of the outstanding common stock cast voted to approve the election of the following persons to serve as directors of the Company. Each director will hold his office for a term expiring at the next annual meeting of stockholders or until his successor is duly elected and qualified:
- V. Peter Harder
- John Sanderson
- Richard Schler
- Craig Scherba
- Quentin Yarie
- Johann de Bruin
- Albert A. Thiess, Jr.
The following are the results of the other matters presented at the Meeting. The percentages noted below are the “For” votes and expressed as a percentage of the total votes cast:
Resolution 2: 97% ratified the appointment of MNP LLP, as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2014 and authorized the directors to fix remuneration;
Resolution 3: 83% approved the Company’s Amended and Restated 2006 Stock Option Plan
Resolution 4: 95% approved the Company’s private placement as outlined in the information circular;
Resolution 5: 90% approved, on a non-binding basis, executive officer compensation through the “say-on-pay” resolution; and
Resolution 6: for the non-binding “say-on-frequency” resolution, 47% voted for 1 year, 13% voted for 2 years, 38% voted for 3 years and 2% abstained from voting.
Following the Meeting, the Board of Directors of the Company approved the reappointment of the following executive officers:
- V. Peter Harder as Chairman of the Board
- John Sanderson as Vice Chairman of the Board
- Richard Schler as Chief Executive Officer
- Craig Scherba as President and Chief Operating Officer
- Peter Liabotis as Chief Financial Officer and Corporate Secretary
Click here to read the Energizer Resources Inc. (TSX:EGZ,OTCQC:ENZR,FWB:YE5) press release Click here to see the Energizer Resources Inc. (TSX:EGZ,OTCQC:ENZR,FWB:YE5) profile.