“Silver and Cobalt from Canada: A Meeting of Shareholders Reveals Positive Results!

by Safe Retirement Reports

Canada Silver Cobalt Works Inc. announced the results of it’s Annual and Special Meeting of Shareholders that took place on April 29th, 2021.

At the meeting, every resolution put before the shareholders was approved with an overwhelming majority. These resolutions include the election of eight individuals to the Board of Directors, approval of the audited consolidated financial statements, the appointment of an auditor, and the renewal of the Company’s Stock Option Plan.

The elected directors include: Denis Sardzinski, Warren Stanyer, David Tuer, Barry Bayly, Ray Henault, Michael Smith, Matthew Hornor, and Scott Morris. All the directors will serve until the next Annual Meeting.

The Board also approved the motion to appoint PricewaterhouseCoopers LLP as auditors of the company for the current financial year.

The Stock Option Plan, which provides for the issuance of options to directors, officers, employees, and consultants was also renewed. The purpose of the plan is to incent and reward personnel’s use and expertise to enhance the company’s financial success.

Commenting on the results, Dennis Sardzinski, Chairman of Canada Silver Cobalt said, “We are pleased to see our shareholders support the renewal of our Stock Option Plan, which provides a powerful incentive to our personnel and rewards them for their hard work and expertise.”

Canada Silver Cobalt Works Inc. is a Canadian based exploration company with operations primarily located in Ontario and Quebec. The company has been actively exploring ore deposits to create a better supply of cobalt and other minerals essential for the electric vehicle industry.

You may also like