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)
GTI Energy

Latest Drilling Confirms Deeper Mineralised Trends at Lo Herma

GTI Energy Limited (ASX: GTR) (GTI or Company) advises that the 73 resource development drill holes planned for 2024 have now been completed at its 100% owned Lo Herma ISR Uranium Project (Lo Herma), located in Wyoming’s Powder River Basin. GTI has completed 16,205m (53,166 ft) of drilling at Lo Herma this summer representing ~96% of the planned 76-hole program. The remaining hydrogeologic focused drill holes and water monitoring wells will be completed during October.

Keep reading...Show less

Ur-Energy Provides Operations, Construction and 2024 Guidance Updates

Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy") provides the following updates on Lost Creek Mine operations and Shirley Basin construction, as well as updated production guidance

Lost Creek Production Operations
Ramp up continues at Lost Creek with five header houses coming online in 2024. Most recently, Header House (HH) 2-10 came online in mid-August, as scheduled, and HH2-11 is expected to come online this month. Average production solution headgrade in August was 67.1 mg/L. Our fifth shipment of yellowcake this year arrived at the conversion facility on September 11, and we are planning our next shipment of dried product for late September. Deep disposal well #5 was recently placed into operation and is satisfying wastewater needs.

News Provided by ACCESSWIRE via QuoteMedia

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

Mart Wolbert: Uranium Bull Thesis Intact, "Half-time Break" Ending Soon

Mart Wolbert, analyst at Contrarian Codex, shared his latest thoughts on the uranium market, including what's next for prices and key factors to watch when it comes to supply and demand.

When asked how far the current cycle has progressed, he said that in the context of his "stadium" model, a concept he explained in a previous interview, uranium's half-time break is almost over.

"That's not to say that we won't have any water breaks in between as the equities pull back and go up. That's just the nature of the market, it's the nature of any market. Nothing goes up in a straight line," Wolbert said.

Keep reading...Show less
Savana sunrise in Tanzania, Africa.

Rich Resources, Friendly Regulations Make Tanzania an Emerging Haven for Exploration

Investors examining the value propositions of mining projects require a greater understanding of local regulatory, geological and geopolitical landscapes. One emerging destination for explorers and miners is Tanzania.

The history of the Tanzanian mining industry moves from colonial governance, through African socialism and state control, to policies favourable to foreign investment. British and South African mining operations opened 100 years ago in the Mwadui area. During the Second World War, however, gold prospecting was banned.

After Tanzania became independent in 1961, state institutions controlled mining there until the 1990s. That’s when the government created the Investment Promotion Policy to attract international investors to the country’s diverse mineral resources base.

Keep reading...Show less
solar panels and wind turbines

Antimony: Lesser Known, Yet Highly Critical

Despite its designation as a critical mineral in the US, Canada, Australia and the EU, antimony remains largely unknown.

Although it may seem less popular than its hyped-up counterparts like rare earths and lithium, antimony’s industrial and strategic importance cannot be ignored. Antimony has for decades been crucial to countless sectors, and its military applications made US-produced antimony crucial to the Second World War.

Now, as the world moves towards a future defined by clean energy and decarbonization, it's arguably more important than ever — and a compelling addition to any investment portfolio.

Keep reading...Show less

Global Atomic Applies to Extend the Expiry Date of Certain Warrants

Global Atomic Corporation (" Global Atomic " or the " Company ") (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announces that it has applied to the Toronto Stock Exchange (the " TSX ") to extend the expiry dates of a total of 9,583,334 outstanding common share purchase warrants of the Company (the " Warrants ") and 560,000 outstanding broker warrants (the " Broker Warrants "). The Warrants and Broker Warrants were issued pursuant to a public offering of securities of the Company which closed on March 17, 2023 . Each of the Warrants has an exercise price of C$4.00 per share and each of the Broker Warrants has an exercise price of C$3.00 per share. Both the Warrants and the Broker Warrants have an expiry date of September 17, 2024 . The Company has applied to the TSX to extend the expiry date to December 31, 2024 . No insiders of the Company hold any of these Warrants or Broker Warrants, directly or indirectly. Finalization of this extension is subject to the approval of the TSX. If such approval is obtained, this extension will be effective ten business days from the date of this news release.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×