Metalo Manufacturing Inc. - Annual General Meeting of Shareholders and New Officers

December 07, 2020 2:18 PM EST | Source: Metalo Manufacturing Inc.

Halifax, Nova Scotia--(Newsfile Corp. - December 7, 2020) -  Metalo Manufacturing Inc. (CSE: MMI) (the "Issuer") wishes to disclose the voting results of its shareholders' annual general meeting held virtually earlier today.

Item 1: Election of Directors

All 7 Director nominees were elected by a majority vote of at least 99.9% of the shares voted.

Item 2: Re-appointment of PricewaterhouseCoopers LLP as auditors of the Issuer and authorizing directors to fix their remuneration

Approved by 100% of votes cast.

ABOUT METALO MANUFACTURING INC. (CSE: MMI)

Metalo's principal focus is an investment in various projects, namely those that are involved in the development and construction of a pig iron manufacturing plant to produce high purity pig iron for steel mills and foundries. MMI is a 44% shareholder of Grand River Ironsands Incorporated ("GRI"). GRI owns a 100% interest in Pure Fonte Ltée, which has its business emphasis to build a plant for the manufacturing of pig iron. North Atlantic Iron Corporation is 90% owned by GRI and it owns mining rights for a resource in Happy Valley-Goose Bay, Newfoundland and Labrador. The Corporation has 19,115,944 issued and outstanding common shares.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

The Corporation seeks Safe Harbour.
For additional information contact:
Liz MacKenzie, Corporate Communications

(902) 233-7255
info@metalo.ca

(NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION VIA U.S. NEWSWIRE)

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/69676

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