General Moly Announces AGM Results

June 13, 2016

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General Moly (NYSE MKT:GMO,TSX:GMO) announced its AGM results this week.

As quoted in the press release:

(the “Company”) (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced that it received approval for all proposals submitted to stockholders at its annual Meeting of Stockholders, which was held June 8, 2016 in Lakewood, Colorado.

Stockholders supported the re-election of Mark A. Lettes and Bruce D. Hansen, also the Company’s Chief Executive Officer, to the Board of Directors, who will serve for a term of three years and through an advisory vote, approved of the Company’s executive compensation structure.  Stockholders also approved an amendment to Company’s 2006 Equity Incentive Plan to increase the aggregate number of shares authorized for issuance by 5,000,000 shares to 14,600,000 shares.  Lastly, the stockholders ratified the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2016.

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Category: General