11:05:57 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Nevada Clean Magnesium Inc
Symbol NVM
Shares Issued 169,062,248
Close 2017-08-10 C$ 0.045
Market Cap C$ 7,607,801
Recent Sedar Documents

Nevada Clean shareholders re-elect 8 directors at AGM

2017-08-10 17:10 ET - News Release

Mr. Edward Lee reports

NEVADA CLEAN MAGNESIUM ANNOUNCES AGM RESULTS

Nevada Clean Magnesium Inc. has released the results from the company's 2016 annual general meeting (AGM) that was held on Aug. 8 in Vancouver, B.C. Shareholders voted in favour of all matters brought before them at the meeting, including the re-election of Edward Lee, James Sever, Steve Thorlakson, Robert Brown, Jeff Wilson, Aaron Palumbo, Scott Rowe and Boris Chubukov to the board of directors. In addition to the board members being re-elected, Dale Matheson Carr-Hill Labonte LLP was reappointed as auditor of the company, and the company's stock option plan was approved by the shareholders.

The board of directors has confirmed Mr. Lee as the company's president and chief executive officer, Mr. Palumbo as executive vice-president, Mr. Sever as chief operating officer, Mr. Thorlakson as chief financial officer, and Lisa Maxwell as corporate secretary. The board also confirmed director appointments to the audit, compensation and corporate governance committees.

About Nevada Clean Magnesium Inc.

Nevada Clean Magnesium is focused on becoming a major U.S. producer and distributor of primary, high-grade, low-cost magnesium metal extracted from its 100-per-cent-owned Tami-Mosi property located in north-central Nevada. Based on the company's National Instrument 43-101 preliminary economic assessment report published in September, 2011, and amended in July, 2014, the Tami-Mosi project has an inferred resource of 412 million tonnes with an average grade of 12.3 per cent magnesium for a contained metal content of 111 billion pounds of magnesium using a 12-per-cent-cut-off grade contained within a high-purity dolomite block.

We seek Safe Harbor.

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