Formation Metals : Reports Annual General Meeting Voting Results
June 25, 2014 at 07:37 pm EDT
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 25, 2014) - Formation Metals Inc. (TSX:FCO) ("Formation" or the "Company") announces the voting results from its 2014 Annual General Meeting (the "Meeting") held Tuesday, June 24th in Vancouver, B.C.
A total of 34,080,512 common shares of the 90,887,205 shares outstanding were voted representing 37.50% of the issued and outstanding common shares of Formation. Shareholders voted in favour of all items of business before the Meeting, including the election of all directors as follows:
Nominee
Votes In Favour
Votes Withheld
Robert J. Quinn
24,787,094
1,895,554
David Stone
23,575,184
3,107,464
Robert Metka
25,389,717
1,292,931
James B. Engdahl
24,787,049
1,895,599
Gregory Hahn
25,390,760
1,291,888
Scott Hean
26,389,102
293,546
David Christie
26,325,599
357,049
Other resolutions considered at the Meeting were the re-appointment of Smythe Ratcliffe LLP, Chartered Accountants, as the auditor of Formation and the approval of unallocated options, rights and other entitlements under the Company's Stock Option Plan.
Detailed voting results for the 2014 Annual General Meeting are available on SEDAR at www.sedar.com.
At the Board of Directors Meeting following the Annual General Meeting the following officers were appointed:
eCobalt Solutions Inc, formerly Formation Metals Inc, is a Canada-based mineral exploration and mine development company. The Company's primary project is Idaho Cobalt Project (ICP), which is located in the mining state of Idaho. The Company's segments include Exploration and ICP development, and Corporate. It holds mineral exploration properties in Canada, the United States and Mexico. ICP property covers an area of approximately 4,080 acres and includes over 170 mining claims. ICP consists of the mine, mill and concentrator, referred to as the Mine & Mill (M&M) located in Lemhi County outside of the town of Salmon, Idaho, and a hydrometallurgical plant. Its property also includes Wallace Creek, in which the Company has interest in certain mineral claims located in Lemhi County. Its properties in Saskatchewan, Canada include Kernaghan Lake/Bell, which consists of over 10 mineral claims, and Virgin River, which is located in the Athabasca Basin of northern Saskatchewan.
ECOBALT SOLUTIONS INC 