Azarga Uranium Annual General and Special Meeting 2021 Voting Results

Azarga Uranium CORP. (TSX:AZZ)(OTCQB:AZZUF)(FRA:P8AA) ("Azarga Uranium" or the "Company") is pleased to announce that all resolutions put forward at the Annual General and Special Meeting (the "Meeting") of the Company's shareholders (the "Shareholders") held 25 June 2021, as further described in the Company's information circular dated 12 May 2021, were approved, including the following

  • Election of Directors: the nominees listed in the management proxy circular dated 12 May 2021 for the Meeting of the Company held on 25 June 2021: Glenn Catchpole, Matthew O'Kane, Sandra MacKay, Joseph Havlin, Todd Hilditch and Delos Cy Jamison were all elected as Directors until the next annual general meeting of the Shareholders. Detailed results of the vote for the election of Directors held at the Meeting are set out below:

For

% For

Withheld/Abstain

%

Broker
Non-Votes

Glenn Catchpole

79,571,460

85.92

13,036,534

14.08

9,101,875

Matthew O'Kane

85,375,211

92.19

7,232,783

7.81

9,101,875

Sandra MacKay

86,170,362

93.05

6,437,632

6.95

9,101,875

Joseph Havlin

83,783,211

90.47

8,824,783

9.53

9,101,875

Todd Hilditch

79,375,626

85.71

13,232,368

14.29

9,101,875

Delos Cy Jamison

83,772,491

90.46

8,835,503

9.54

9,101,875

  • Appointment of BDO Canada LLP as auditors of the Company for the fiscal period ending December 31, 2021 and the Directors' right to fix the remuneration to be paid to BDO Canada LLP.
  • Approving unallocated stock options under the Company's Stock Option Plan.
  • Approving the increase in the number of Azarga Uranium common shares (the "Shares") reserved for issuance pursuant to the employee share purchase plan by 3,000,000.
  • Issuance of 1,405,000 Shares as a bonus payment of which 1,230,000 Shares are to three insiders of the Company (approved by the majority of disinterested shareholders).

For further information, please see the Company's Report of Voting Results, which will be filed on SEDAR at www.sedar.com.

About Azarga Uranium Corp.

Azarga Uranium is an integrated uranium exploration and development company that controls ten uranium projects and prospects in the United States of America ("USA") (South Dakota, Wyoming, Utah and Colorado), with a primary focus of developing in-situ recovery uranium projects. The Dewey Burdock in-situ recovery uranium project in South Dakota, USA (the "Dewey Burdock Project"), which is the Company's initial development priority, has been issued its Nuclear Regulatory Commission License and final Class III and Class V Underground Injection Control permits from the Environmental Protection Agency and the Company is in the process of completing regulatory permit approvals necessary for the construction of the Dewey Burdock Project.

For more information please visit www.azargauranium.com.

Follow us on Twitter at @AzargaUranium.

For further information, please contact:

Blake Steele, President and CEO
+1 303 790-7528
E-mail: info@azargauranium.com

Disclaimer for Forward-Looking Information

Certain information and statements in this news release may be considered forward-looking information or forward-looking statements for purposes of applicable securities laws (collectively, "forward-looking statements"), which reflect the expectations of management regarding its disclosure and amendments thereto. Forward-looking statements consist of information or statements that are not purely historical, including any information or statements regarding beliefs, plans, expectations or intentions regarding the future. Such information or statements may include, but are not limited to, statements with respect to the Company being in the process of completing regulatory permit approvals necessary for the construction of the Dewey Burdock Project. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Azarga Uranium will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including without limitation: the risk that the Company does not complete regulatory permit approvals necessary for the construction of the Dewey Burdock Project, the risk that such statements may prove to be inaccurate and other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release and, except as required by applicable securities laws, Azarga Uranium assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements. Additional information about these and other assumptions, risks and uncertainties are set out in the "Risks and Uncertainties" section in the most recent AIF filed with Canadian security regulators.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.

SOURCE: Azarga Uranium Corp.



View source version on accesswire.com:
https://www.accesswire.com/653168/Azarga-Uranium-Annual-General-and-Special-Meeting-2021-Voting-Results

News Provided by ACCESSWIRE via QuoteMedia

The Conversation (0)
North Shore Uranium (TSXV:NSU)

North Shore Expands Land Position at Rio Puerco

North Shore Uranium Ltd. (TSXV:NSU) ("North Shore" or the "Company") is pleased to announce that it has staked 27 additional mining claims (the "New Claims") at its Rio Puerco uranium project in northwestern New Mexico ("Rio Puerco" or the "Project"). The Project now includes 64 adjoining Bureau of Land Management ("BLM") claims.

In 2009, a historical uranium resource estimate of 6.0 million tonnes at an average grade of 0.09% eU3O8 for 11.4 million pounds of U3O8 was reported for Rio Puerco (the "Historical Resource"). Initial review of the historical data suggests the potential for in-situ recovery ("ISR") mining, the lowest cost method for producing uranium. The entire Historical Resource is located on the original 37 Rio Puerco claims (the "Original Claims"). Previously completed exploration work suggests that there is potential to expand the reported uranium mineralization on both the Original Claims and the New Claims.

Keep reading...Show less
Mart Wolbert, nuclear reactors.

Mart Wolbert: Uranium Prices, Supply, Demand — What's Next as Mindset Shifts

Mart Wolbert, analyst at Contrarian Codex, is seeing a uranium mindset shift as more investors take stock of the growing supply/demand imbalance in the market.

He explains how he's approaching uranium stocks and shares his price outlook.

Keep reading...Show less
xU3o8 Co-Founder Arthur Breitman.

From Nuclear to Blockchain: How xU3O8 is Reimagining Uranium Ownership

xU3O8 has reached a key milestone with the listing of its uranium-backed token across major crypto exchanges, opening the door for investors to gain direct exposure to uranium at a time when demand is accelerating, said Arthur Breitman, co-founder of Tezos, which provides the blockchain platform for xU3O8.

“xU3O8 is a tokenized asset. It represents tokenized beneficial ownership in uranium oxide,” Breitman explained. “And the platform uranium.io allows people to come in and then buy this tokenized ownership in uranium, which can be interesting for people interested in owning the commodity.”

Breitman also explained the advantages of buying tokenized uranium versus investing in uranium stocks or uranium funds.

Keep reading...Show less
Thor Energy (ASX:THR)

Term Sheet to Treat Colorado Project Uranium Waste Dumps and Gross Revenue Sharing Agreement with DISA Technologies

Pathway for Thor Energy PLC to potentially generate revenue from US Uranium and Critical Minerals Production

Thor Energy plc ("Thor") (AIM, ASX: THR, OTCQB: THORF) is pleased to announce the signing of a term sheet ("Term Sheet") with DISA Technologies, Inc. ("DISA") to seek to evaluate and if successful, treat historically abandoned uranium mine waste dumps ("Waste") and recover saleable uranium and other critical minerals concentrates at Thor's Colorado uranium claims. Thor holds 25% ownership rights to uranium minerals on U.S. Bureau of Land Management ("BLM") via its US subsidiary Standard Minerals Inc. ("Standard") that holds the projects (the "Colorado Projects") in Colorado in the United States, along with the 75% holder, London-listed Metals One PLC (AIM: Met1).

Keep reading...Show less
Saga Metals (TSXV:SAGA)

Saga Metals


Keep reading...Show less
Swedish flag with a yellow cross on a blue background, waving in the clear sky.

Sweden Moves to Lift Uranium-Mining Ban Through Legislative Proposal

Sweden has announced plans to lift its seven year ban on uranium mining, with a proposal to amend its Environmental Code and Minerals Act expected in parliament later this year.

If approved, the changes would take effect on January 1, 2026.

The proposal follows the conclusions of a government inquiry completed in December 2024, which recommended that uranium be treated under the same legal framework as other concession minerals. That recommendation was reviewed by the Council on Legislation in June 2025, clearing the way for parliament to consider a repeal.

Keep reading...Show less

Latest Press Releases

Related News

×