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Receives Shareholder Approval for Amendments to Its Articles
Nano One® Materials Corp. (TSX: NANO) (OTC Pink: NNOMF) (FSE: LBMB) ("Nano One" or the "Company"), a clean technology company with patented processes for the low-cost, low-environmental footprint production of high-performance cathode materials used in lithium-ion batteries, is pleased to announce the results of the annual and special meeting of shareholders held today in Vancouver, British Columbia, including the election of management's nominees as directors, the appointment of Davidson & Company LLP as the Company's independent auditor, approval of amendments to the Company's Articles, and approval of the Omnibus Equity Incentive plan.
The six nominees listed in the Company's management information circular dated September 7, 2021, were elected directors as set out below:
| Nominee | Outcome of Vote | Votes For | % For | Votes Withheld | % Withheld |
| Dan Blondal | Carried | 17,365,747 | 98.04 | 347,979 | 1.96 |
| Lyle Brown | Carried | 17,698,602 | 99.91 | 15,124 | 0.09 |
| Dr. Joseph Guy | Carried | 13,379,099 | 75.53 | 4,334,627 | 24.47 |
| Gordon Kukec | Carried | 14,579,305 | 82.31 | 3,134,421 | 17.69 |
| John Lando | Carried | 13,378,901 | 75.53 | 4,334,825 | 24.47 |
| Paul Matysek | Carried | 15,108,936 | 85.30 | 2,604,790 | 14.70 |
A total of 17,763,926 common shares were represented at the meeting, being 18.61% of the Company's issued and outstanding common shares. Detailed voting results for each of the matters voted on at the meeting will be available for viewing on SEDAR at www.sedar.com.
Article Amendments & Advance Notice Provision
At the Meeting, shareholders approved certain amendments to the Articles of the Company in order to bring them in line with the current provisions of the Business Corporations Act (British Columbia) and good corporate governance practices, and to add a requirement for advance notice in connection with the election of directors ("Advance Notice Provisions"). An Advance Notice Provision is intended to provide the Company's shareholders, directors and management with a transparent, fair and structured framework under which the Company's shareholders may submit director nominations. The Advance Notice Provision fixes a deadline by which the Company's shareholders must submit director nominations to the Company prior to any annual or special meeting of shareholders and sets out the information that a shareholder must include in a notice to the Company. Under the Advance Notice Provisions, shareholders seeking to nominate a candidate for a Board seat will generally be required to provide notice at least 30 days prior to the date of an annual general meeting or within 15 days following the announcement of any special meeting called for the purpose of electing directors.
The foregoing is a summary of the Advance Notice Provision. A copy of the amended Articles can be found under the Company's profile on SEDAR at www.sedar.com, and a blackline of the amendments can be found at Appendix "2" to the Company's management information circular available on SEDAR.
About Nano One
Nano One Materials Corp (Nano One) is a clean technology company with a patented, scalable and low carbon intensity industrial process for the low-cost production of high-performance lithium-ion battery cathode materials. The technology is applicable to electric vehicle, energy storage, consumer electronic and next generation batteries in the global push for a zero-emission future. Nano One's One-Pot process, its coated nanocrystal materials and its Metal to Cathode Active Material (M2CAM) technologies address fundamental performance needs and supply chain constraints while reducing costs and carbon footprint. Nano One has received funding from various government programs and the current "Scaling of Advanced Battery Materials Project" is supported by Sustainable Development Technology Canada (SDTC) and the Innovative Clean Energy (ICE) Fund of the Province of British Columbia. For more information, please visit www.nanoone.ca.
Company Contact:
Paul Guedes
info@nanoone.ca
(604) 420-2041
Media Contact:
Chelsea Lauber
Antenna Group for Nano One
nanoone@antennagroup.com
(646) 854-8721
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/99776
