TSX-V: EWK
OTCQB: EAATF
VANCOUVER, BC, Aug. 26, 2024 /CNW/ – Earthworks Industries Inc. (the “Company”) announces that at its annual general meeting held on August 20, 2024, shareholders approved the re-election of the Company’s existing board of directors, and all of the other items included on the meeting agenda and information circular.
A total of 18,863,109 common shares, representing approximately 16.7% of the Company’s outstanding common shares, were voted by proxy at the meeting. Shareholders voted in favor of (a) setting the number of directors at five (100%), (b) reappointing Crowe MacKay LLP as auditors of the Company (100%), (c) ratifying and approving the Company’s Stock Option Plan (99.5%), (d) accepting the Report to Shareholders, Annual Financial Statements and Audit Report (99.5%), (e) Approval of Directors Actions (99.5%).
The following Directors listed in the Management Information Circular were re-elected as directors of the Company until the next annual meeting of the shareholders or until successors are elected or appointed, with the voting by proxy and in person being as follows:
Nominee
Votes For
% For
Votes Withheld
% Withheld
David B Atkinson
33,998,324
84.2
6,302,464
15.6
Dave Russell
33,998,324
84.2
6,302,464
15.6
Calvin Woroniak
40,300,788
99.8
0
0
Richard Powell
33,998,324
84.2
6,302,464
15.6
Giulio Bonifacio
33,998,324
84.2
6,302,464
15.6
The Company is continuing to work with its advisors to consider its options with respect to the decision of the U.S. Bureau of Indian Affairs to terminate the lease between the Company’s wholly owned subsidiary, Cortina Integrated Waste Management Inc. and the Kletsel Dehe Wintun Nation of the Cortina Rancheria, California – as more fully described in the Company’s News Releases dated July 2 and July 10, 2024.
The News Release contains “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”). All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this News Release. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company or CIWM to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Accordingly, the reader is cautioned not to place undue reliance on the forward-looking statements.
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release.
SOURCE Earthworks Industries Inc.
