TORONTO, June 27,
2024 /CNW/ - NiCAN Limited ("NiCAN" or the
"Company") (TSXV: NICN) (FRA: W8Y) is pleased to provide the
results of its 2024 Annual General and Special Meeting (the
"Meeting") of shareholders held on Thursday,
June 27, 2024, in Toronto,
Canada. Shareholders holding 19,509,651 common shares, or
23.97%, of the outstanding common shares of the Company were
represented in person or by proxy at the Meeting and voted
in favour of all matters brought before the Meeting.
The following table details the results from the Meeting:
NiCAN Limited 2024
Meeting Results
|
Motions
|
Votes
for
|
Votes
against
|
Votes
withheld
|
Election of
Directors
|
|
|
|
Michael
Hoffman
|
98.61 %
|
0.00 %
|
1.39 %
|
Brad
Humphrey
|
98.61 %
|
0.00 %
|
1.39 %
|
Alison
(Saga) Williams
|
98.52 %
|
0.00 %
|
1.48 %
|
Dr. Mark
Cruise
|
98.52 %
|
0.00 %
|
1.48 %
|
Patrick
Gleeson
|
98.61 %
|
0.00 %
|
1.39 %
|
Svetoslava
(Stacey) Pavlova
|
98.52 %
|
0.00 %
|
1.48 %
|
Appointment of Davidson
& Company, LLP, as auditors
|
100.00 %
|
0.00 %
|
0.00 %
|
Approval of Long-Term
Incentive Plan
|
98.44 %
|
1.56 %
|
0.00 %
|
About NiCAN
NiCAN Limited is a mineral exploration company, trading under
the symbol "NICN" on the TSX-V. The Company is actively exploring
two nickel projects, both located in well-established mining
jurisdictions in Manitoba,
Canada.
To receive news releases by e-mail, please register using the
NiCAN website at www.nicanltd.com
Cautionary Note Regarding Forward-Looking Statements
The information contained herein contains certain
"forward-looking information" under applicable securities laws
concerning mineralization conceptualizations and future exploration
programs, business, operations and financial performance and
condition of NiCAN Limited. Forward-looking information includes,
but is not limited to, the size and timing of the drill program,
results of the drill program, interpretations of the various
surveys, NiCAN's ability to identify mineralization similar to that
found in prior drill holes, the benefits and the potential of the
properties of the Company; future commodity prices (including in
relation to NiEq calculations); drilling and other exploration
potential; costs; and permitting. Forward-looking information may
be characterized by words such as "plan," "expect," "project,"
"intend," "believe," "anticipate", "estimate" and other similar
words, or statements that certain events or conditions "may" or
"will" occur. Forward-looking information is based on the opinions
and estimates of management at the date the statements are made and
are based on a number of assumptions and subject to a variety of
risks and uncertainties and other factors that could cause actual
events or results to differ materially from those projected in the
forward-looking information. Many of these assumptions are based on
factors and events that are not within the control of the Company
and there is no assurance they will prove to be correct. Factors
that could cause actual results to vary materially from results
anticipated by such forward-looking information includes changes in
market conditions, fluctuating metal prices and currency exchange
rates, the possibility of project cost overruns or unanticipated
costs and expenses and permitting disputes and/or delays. Although
the Company has attempted to identify important factors that could
cause actual actions, events or results to differ materially from
those described in forward-looking information, there may be other
factors that cause actions, events or results not to be
anticipated, estimated or intended. There can be no assurance that
forward-looking information will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. The Company undertakes no
obligation to update forward-looking information 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 information.
Neither TSX-V nor its Regulation Services Provider (as that
term is defined in policies of the TSX-V) accepts responsibility
for the adequacy or accuracy of this release.
SOURCE Nican Ltd.