Argex announces annual general meeting results
MONTREAL, June 18, 2014 /CNW Telbec/ - Argex Titanium Inc. (TSX: RGX) announced today that shareholders have approved all resolutions put forth at the Company's Annual Meeting of Shareholders held on Tuesday, June 17, 2014, in Montreal, Quebec.
| 1. | Election of Directors | ||
| Name of Nominee | % For | % Withheld | |
| Roy Bonnell | 99.96% | 0.04% | |
| Robert Guilbault | 99.92% | 0.08% | |
| Glen Kayll | 98.98% | 1.02% | |
| Mazen Haddad | 99.52% | 0.48% | |
| Normand Bergeron | 99.96% | 0.04% | |
| Florian A. Rais | 99.95% | 0.05% | |
| 2. | Appointment of the Auditors | % For | % Withheld |
| BDO Canada LLP, Chartered Accountants | 99.97% | 0.03% | |
| 3. | Amendment of the Stock Option Plan | % For | % Against |
| Proposed by management in the May 22th, 2014 Management Proxy Circular | 99.63% | 0.37% | |
| 4. | Adoption of Advance Notice By-Laws | % For | % Against |
| Proposed by management in the May 22th, 2014 Management Proxy Circular | 99.73% | 0.27% | |
| 5. | Amendment to Articles | % For | % Against |
| Proposed by management in the May 22th, 2014 Management Proxy Circular | 98.63% | 1.37% | |
| 6. | Adoption of Advanced Notice By-Laws | % For | % Against |
| Proposed by management in the May 22th, 2014 Management Proxy Circular | 97.67% | 2.33% | |
Roy Bonnell, Argex President and Chief Executive Officer, said, "We are pleased with the results from our Annual Meeting this year, including the participation of more than 40% of voting shares. The Argex team would like to thank shareholders for their continued support."
Argex is pleased to announce the appointment of Genevieve Marchand to Chief Legal Officer and Corporate Secretary.
Argex also announces the resignation of Mr. Mark Billings as Vice President, Corporate Development and as director of the corporation effective June 17, 2014. Mr. Billings resigned as VP Corporate Development and director in order to pursue other business endeavours.
Additionally, Argex announces the resignation of André Laferrière, Vice-President, Mining and Geology, effective June 13, 2014.
Roy Bonnell, the President and CEO of Argex commented: "On behalf of Argex and all its shareholders, I want to thank Mark and Andre for their tireless commitment and contribution to Argex since the company's inception. We wish them the best of luck in his future projects."
About Argex Titanium Inc.
Argex Titanium Inc. is a near-term producer of Titanium Dioxide (TiO2) pigment. With a primary goal of advancing rapidly towards production, Argex has adopted a strategy for the scale-up of its proprietary chemical process. Argex is pleased to have selected Valleyfield, Quebec as the location for its Research & Development centre and first industrial-sized production facility. The location of the site can be viewed at Argex Valleyfield.
SOURCE Argex Titanium Inc.
Contact
Roy Bonnell, President and Chief Executive Officer
Argex Titanium Inc.
514 843-5959 ext. 109
roy@argex.ca
INVESTOR RELATIONS:
Dave Burwell
The Howard Group
1-888-221-0915
dave@howardgroupinc.com
Nicole Blanchard
Sun International Communications
450-973-6600
Nicole.blanchard@isuncomm.com
