Results of Annual General Meeting
MELBOURNE, Nov. 23, 2018 - Clean TeQ Holdings Ltd. (Clean TeQ or Company) (ASX/TSX:CLQ; OTCQX:CTEQF) announces the results of voting by shareholders during the company’s Annual General Meeting held on 22 November 2018.
The following information is provided in accordance with section 251AA(2) of Corporations Act 2001 (Cth)
| Resolution Details | Results | ||||||||||
| Resolution | Resolution Type | Votes For | Votes Against | Votes Abstained/Excluded* | Result | ||||||
| 1 | Adoption of Remuneration Report | Ordinary | 165,757,845 | 73.44 | % | 59,962,615 | 26.56 | % | 1,450,112 | - | Carried** |
| 2 | Election of Ms Judith Downes as a Director of the Company | Ordinary | 428,581,418 | 96.30 | % | 16,466,939 | 3.70 | % | 352,353 | - | Carried |
| 3 | Re-election of Mr Robert Freidland as a Director of the Company | Ordinary | 364,188,059 | 81.83 | % | 80,849,379 | 18.17 | % | 363,273 | - | Carried |
| 4 | Re-election of Mr Ian Knight as a Director of the Company | Ordinary | 411,500,913 | 92.81 | % | 31,874,099 | 7.19 | % | 378,859 | - | Carried |
| 5 | Approval to Issue 100,757 Performance Rights to Mr Sam Riggall | Ordinary | 412,399,907 | 99.20 | % | 3,344,523 | 0.80 | % | 28,009,441 | - | Carried |
| 6 | Approval to Issue 142,341 Performance Rights to Mr Sam Riggall | Ordinary | 410,698,001 | 98.79 | % | 5,040,097 | 1.21 | % | 28,015,773 | - | Carried |
| 7 | Approval to Issue 78,192 Shares to Mr Sam Riggall | Ordinary | 368,835,962 | 88.37 | % | 48,528,232 | 11.63 | % | 28,036,516 | - | Carried |
*Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.
**Resolution 1 was passed as on ordinary resolution however a first strike has been noted.
Details of votes on all matters of business considered at the Annual General Meeting will be available in the company’s report of voting results filed on SEDAR (www.sedar.com).
For more information, please contact:
| Richard Glass, Investor Relations (Australia) | +61 3 9797 6781 |
| Evan Young, Investor Relations (North America) | +1 647 808 2141 |
About Clean TeQ Holdings Limited (ASX/TSX: CLQ) – Based in Melbourne, Australia, Clean TeQ is a global leader in metals recovery and industrial water treatment through the application of its proprietary Clean-iX® continuous ion exchange technology. For more information about Clean TeQ please visit the Company’s website www.cleanteq.com.
About the Clean TeQ Sunrise Project – Clean TeQ is the 100% owner of the Clean TeQ Sunrise Project, located in New South Wales. Clean TeQ Sunrise is one of the largest cobalt deposits outside of Africa, and one of the largest and highest-grade accumulations of scandium ever discovered.
About Clean TeQ Water – Through its wholly owned subsidiary Clean TeQ Water, Clean TeQ is also providing innovative wastewater treatment solutions for removing hardness, desalination, nutrient removal, zero liquid discharge. The sectors of focus include municipal wastewater, surface water, industrial waste water and mining waste water. For more information about Clean TeQ Water please visit www.cleanteqwater.com.
