NIO:CC - NIOCAN Announces Announces Results of Shareholders Annual and Special General Meeting
(TheNewswire)
Niocan also confirms its intention to change its namefor NIO Strategic Metals
(Montreal, Québec – TheNewswire - May 9, 2022) – Niocan Inc. (TSXV:NIO) (OTC:NIOCF) (“ Niocan ” or the“ Company ”) is pleased to announce the results of its annual generaland special meeting of shareholders of the Corporation (the“Shareholders”) held Friday, May 6, 2022.
Each of the nominee directors listed in theCorporation’s management information circular dated
April 7, 2022 (available under Niocan’s profile onSEDAR), JulieLemieux, Guy Arbour, Guy Charette, Hubert Marleau, Mark D. Wallace andHubert Vallee was elected as director of theCorporation by the Shareholders.
The Shareholders approved a special resolutionauthorizing the Company to apply for a certificate of amendment underthe Business Corporations Act (Quebec) the (“Act”) to amend itsarticles of incorporation to change its name from Niocan Inc. to NioStrategic Metals Inc. It confirms the Company’s intention to expendits activities to source strategic metals and minerals essential toadvancing modern life and national security in beneficiallyenvironmental, social and ethical manner.
Resolutions to appoint Guimond Lavallée Inc., asauditors of the Corporation for the current financial year 2022, andto ratify and confirm the Company’s stock option plan were alsoapproved.
Subsequent to the annual general meeting ofShareholders, the Board of Directors appointed the
following chairman and officers of the Corporation:Hubert Marleau as chairman of the Board of
Directors, president and chief executive officer; BrunoDumais as chief financial officer and Hubert Vallée as seniorvice-president of operations.
Also, the Board of Directors appointed: Guy Charette, Guy Arbourand Hubert Vallee as members of theCorporation’s audit committee.
About Niocan
Niocan is an exploration and development company, witha focus on becoming a ferroniobium producer. The Company holds a niobiumproperty in Oka, Québec and other exploration properties in theProvince of Québec. Niocan’s Oka mining property consists of miningrights comprised of 49 claims covering 2,281 acres and its GreatWhale property consists of surface and mining rights covering 24,944acres on the Hudson Bay territory.
For more information on the Company, please refer tothe Company’s public documents available on SEDAR ( www.sedar.com ) or on theCompany’s website ( www.niocan.com ).
For more information, please contact:
Hubert Marleau
Chairman, President and Chief Executive Officer
niocan.investorinformation@gmail.com
514-560-7623
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this press release.
Cautionary Statement onForward-Looking Information
This news release containsforward-looking statements and forward-looking information (together,“forward looking statements”) within the meaning of applicableCanadian securities laws. Statements, other than statements ofhistorical facts, may be forward-looking statements. Generally,forward-looking statements can be identified by the use of terminologysuch as “plans”, “expects”, “estimates”, “intends”,“anticipates”, “believes” or variations of such words, orstatements that certain actions, events or results “may”,“could”, “would”, “might”, “will be taken”,“occur” or “be achieved”, the negative of these terms andsimilar terminology although not all forward-looking statementcontains these terms and phrases. Forward-looking statements involverisks, uncertainties and other factors that could cause actualresults, performance, prospects and opportunities to differ materiallyfrom those expressed or implied by such forward-looking statements.These risks and uncertainties include, but are not limited to, therisk factors set out in Niocan’s annual and/or quarterly managementdiscussion and analysis and in other of its public disclosuredocuments filed on SEDAR at www.sedar.com, as well as all assumptionsregarding the foregoing. Although Niocan believes that the assumptionsand factors used in preparing the forward-looking statements arereasonable, undue reliance should not be placed on these statements,which only apply as of the date of this news release, and no assurancecan be given that such events will occur in the disclosed time frameor at all. Except where required by applicable law, Niocan disclaimsany intention or obligation to update or revise any forward-lookingstatement, whether as a result of new information, future events orotherwise.
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