(TheNewswire)
MONTREAL, QUEBEC – TheNewswire - August 9,2022 – Dundee Sustainable Technologies Inc. (“ DST ” or the “ Corporation ”) (CSE:DST) (CNSX:DST.CN) (OTC: DNDDF ) ispleased to announce that the three nominees listed in the managementinformation circular dated July 4, 2022 (the “Record Date”), wereelected to the Corporation’s Board of Directors during the AnnualMeeting of Shareholders (“AGM”) that was held in Montreal onAugust 8, 2022. These directors are Messrs. Mario Jacob, RobertSellars and David Lemieux. A total of 55,212,559 Subordinated VotingShares and 2,500,000 Multiple-Voting Shares were voted by proxies,representing 86.01% of the shares issued and outstanding at the RecordDate.
At the AGM, the shareholders of the Corporation also approved theappointment of PricewaterhouseCoopers LLP as the auditors andauthorized the directors to fix their remuneration. TheCorporation’s Stock Option Plan was also ratified and re-approved bythe majority of shareholders.
Following the AGM, the Board of Directors appointed the followingofficers of the Corporation for the ensuing year:
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David Lemieux: President and Chief Executive Officer
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Arved Marin: Chief Financial Officer andCorporate Secretary
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Jean-Philippe Mai: Executive VicePresident
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Jean Tardif: General Manager,Thetford Mines Operations
About Dundee SustainableTechnologies, a corporation controlled by Dundee Corporation
The Corporation is engaged in the development and commercialisation ofenvironment-friendly technologies for the treatment of materials inthe mining industry. Through the development of patented, proprietaryprocesses, DST extracts precious and base metals from mineralisedmaterial, concentrates and tailings, while stabilising contaminantssuch as arsenic, which could not otherwise be extracted or stabilisedwith conventional processes because of metallurgical issues orenvironmental considerations.
DST has filed, published and was granted patents for the GlassLockProcess™ and CLEVR Process™ in numerous countries.
FOR FURTHER INFORMATION PLEASECONTACT:
Mr. David Lemieux
President and CEO
Dundee Sustainable Technologies Inc.
Tel: (418) 423-7247 # 227 / Cell: (418) 331-0486
FORWARD LOOKING STATEMENTS: This press release containsforward-looking statements that address future events and conditions,which are subject to various risks and uncertainties. Actual resultscould differ materially from those anticipated in such forward-lookingstatements as a result of numerous factors, some of which may bebeyond the Corporation’s control. These factors include generalmarket and industry conditions, risks related to continuous operationsand to commercialization of new technologies and other risks disclosedin the Corporation's filings with Canadian SecuritiesRegulators.
Forward-looking statements are based on theexpectations and opinions of the Corporation's management on the datethe statements are made. The assumptions used in the preparation ofsuch statements, although considered reasonable at the time ofpreparation, may prove to be imprecise and, as such, undue relianceshould not be placed on forward-looking statements. The Corporationexpressly disclaims any intention or obligation to update or reviseany forward-looking statements whether as a result of new information,future events or otherwise, except as required by applicable law.
Neither the CSE nor its RegulationServices Provider (as that term is defined in the policies of the CSE)accepts responsibility for the adequacy or accuracy of thisrelease.
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