VANCOUVER, Nov. 7, 2019 /CNW/ - Hannan Metals Limited
("Hannan" or the "Company") (TSXV: HAN) (OTCPK: HANNF) is
pleased to announce the results from its Annual General
Meeting of Shareholders held on Thursday November 7, 2019
(the "AGM") in Vancouver,
BC.
Shareholders holding a total of 17,140,416 common shares were
represented in person or by proxy at the AGM, representing 32.55%
of the votes attached to all outstanding common shares of the
Company as at the record date. Shareholders voted in favour
of all the matters submitted before the AGM as set out in the
Notice of Meeting and Information Circular dated September 30, 2019, including:
- Setting the size of the Board to five directors and electing
the following as directors until the next annual shareholder
meeting of the Company: Michael
Hudson, Ciara Talbot,
Georgina Carnegie, Nick DeMare and David
Henstridge;
- Appointing Davidson & Company, Chartered Professional
Accountants, as the Company's auditor for the ensuing year; and
- An ordinary resolution approving a new 10% rolling Stock Option
Plan.
Subsequent to the AGM, the Board re-appointed Mr. Hudson as
Chairman and CEO, Mr. Lars
Dahlenborg as President, Mr. Harvey
Lim as Chief Financial Officer, and Ms. Mariana Bermudez as Corporate
Secretary. Messrs DeMare, Henstridge and Ms. Talbot
were appointed as members of the Audit Committee.
About Hannan Metals Limited (TSX.V:
HAN) (OTCPK: HANNF)
Hannan Metals Limited is a natural resources and
exploration company developing sustainable and ethical resources of
metal needed to meet the transition to a low carbon economy. Over
the last decade, the team behind Hannan has forged a long and
successful record of discovering, financing and advancing mineral
projects in Europe and
Peru.
Mr. Michael Hudson FAusIMM, Hannan's Chairman and CEO, a
Qualified Person as defined in National Instrument 43-101, has
reviewed and approved the technical disclosure contained in this
news release.
On behalf of the Board,
"Michael
Hudson"
Michael Hudson, Chairman &
CEO
Forward Looking Statements
Certain information set forth in this news release contains
"forward-looking statements", and "forward- looking information"
under applicable securities laws. Except for statements of
historical fact, certain information contained herein constitutes
forward-looking statements, which include the Company's
expectations regarding future performance based on current results,
expected cash costs based on the Company's current internal
expectations, estimates, projections, assumptions and beliefs,
which may prove to be incorrect. These statements are not
guarantees of future performance and undue reliance should not be
placed on them. Such forward-looking statements necessarily involve
known and unknown risks and uncertainties, which may cause the
Company's actual performance and financial results in future
periods to differ materially from any projects of future
performance or results expressed or implied by such forward-looking
statement. These risks and uncertainties include, but are not
limited to: The ability of the Company to raise additional capital
to fund future operations. There can be no assurance that
forward-looking statements will prove to be accurate, and actual
results and future events could differ materially from those
anticipated in such statements. The Company undertakes no
obligation to update forward-looking statements if circumstances or
management's estimates or opinions should change except as required
by applicable securities laws. The reader is cautioned not to place
undue reliance on forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
SOURCE Hannan Metals Ltd.
