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Bullboard - Stock Discussion Forum Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corporation is a Canada-based lithium exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property... see more

TSXV:CRE - Post Discussion

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Post by Rinny1 on Sep 17, 2021 9:11am

News

 

Critical Elements Announces the Appointment of Mrs. Ani Markova as Director and the Results from the Annual Shareholders Meeting

 

2021-09-17 08:00 ET - News Release

 

MONTREAL, QUEBEC / ACCESSWIRE / September 17, 2021 / Critical Elements Lithium Corporation (the "Corporation" or "Critical Elements") (TSX.V:CRE) (OTCQX:CRECF) (FSE:F12) is pleased to announce that at its Annual shareholders meeting (the "Meeting") held on September 16, 2021, shareholders of the Corporation approved all the resolutions, as follows:

  • Election of Eric Zaunscherb, Jean-Sbastien Lavalle, Steffen Haber, Marc Simpson, Matthew Lauriston Starnes, Marcus Brune, Ani Markova as directors; and
  • Appointment of KPMG LLP as auditors.

The Board of Directors of the Corporation is pleased to announce the appointment of Mrs. Ani Markova, MBA, CFA, CDI.D as an Independent Director.

Mrs. Markova is a senior executive and an award-winning portfolio manager with more than 15 years of experience investing in the mining and metals industry. She is currently a corporate director with Golden Star Resources and SilverCrest Mining. She is the Chair of the Safety, Environmental and Social Sustainability Committee at SilverCrest and a member of the Corporate Responsibility Committee at Golden Star. She also sits on their Audit and Governance and Compensation committees. She is the Founder and CEO of Investor View Advisory, which is engaged with public companies on Environmental, Social and Governance (ESG) reporting and integration. Mrs. Markova holds an MBA from George Washington University in Washington DC, Chartered Financial Analyst (CFA), Canadian Investment Management (CIM), and Corporate Board International (CDI.D) designations.

In connection with this appointment, Mrs. Markova has been awarded 200,000 stock options of the Corporation at an exercise price of $1.35 per share for a term of five years.

"We are pleased to appoint Mrs. Ani Markova to the Critical Elements Board of Directors," stated Jean-Sbastien Lavalle, CEO of Critical Elements. "Her governance, advisory, investor, professional and executive experience strengthens and complements the experiences of our incumbent Board of Directors."

Mr. Charles B. Main and Mr. Jean-Raymond Lavalle were not standing for re-election at the Meeting held on September 16, 2021. "The Board of Directors thanks both Mr. Main and Mr. Lavalle for their contributions during their tenures, " said Eric Zaunscherb, Chairman of the Corporation.

Comment by monkeyhere171 on Sep 17, 2021 9:35am
So overall we are a bit lean now with one useless body less..However, another 200K options issued plus probably $400K yearly salary as well. Hopefully the new board member brings some value, not like the  two that dropped..
Comment by Clarifier on Sep 17, 2021 11:35am
Yeah, we have seen this rotating door before. Options, great salary and expectations appear to be low. Sounds like a great job. As they say in Quebec....suivant!
Comment by kakoo88 on Sep 17, 2021 12:44pm
One should read the 2021 Notice and Management Information Circular for the Annual Meeting of Shareholders (page 24) before commenting on Directors' salaries. Eric and the newly appointed director - Ms. Ani Markova have been granted options but are not paid salaries. Only JSL, Steffen Harber, Nathalie Laurin and Marcus Brune have salaries paid from CRE. Agreed, their annual compensation is ...more  
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