Namibia Rare Earths Announces Results from Shareholders Meeting
May 27, 2014 (Source: CNW) — Namibia Rare Earths Inc. (“Namibia Rare Earths” or the “Company”) (TSX: NRE) (OTCQX: NMREF) is pleased to announce that the shareholders voted in favour of all items of business before the Annual and Special Meeting of the Shareholders held in Halifax, Nova Scotia today. Shareholders holding 57.88% of the outstanding shares of the Company were present in person or by proxy at the meeting.
Election of Directors
The nominees for directors listed in the management proxy circular for the meeting were elected. Details of the vote are set out below.
|Nominee||Votes For||% For||Votes Withheld||% Withheld|
|Adrian T. Hickey||38,043,400||84.46%||7,000,500||15.54%|
|Douglas J. Jackson||38,038,400||84.45%||7,005,500||15.55%|
|William L. Price||38,043,400||84.46%||7,000,500||15.54%|
|Kalidas V. Madhavpeddi||38,038,400||84.45%||7,005,500||15.55%|
|Gerald J. McConnell||38,043,400||84.46%||7,000,500||15.54%|
|Glenn R. Williams||38,038,400||84.45%||7,005,500||15.55%|
About Namibia Rare Earths Inc.
Namibia Rare Earths Inc. is developing a portfolio of mineral exploration projects in Namibia and is currently focused on the accelerated development of the Lofdal Rare Earths Project. The common shares of Namibia Rare Earths Inc. trade on the Toronto Stock Exchange under the symbol “NRE” and in the United States on the OTCQX International under the symbol “NMREF”.
No regulatory authority had approved or disapproved the adequacy or accuracy of this release. The foregoing information may contain forward-looking information relating to the future performance of Namibia Rare Earths Inc. Forward-looking information, specifically, that concerning future performance, is subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Company’s filings with the appropriate securities commissions.
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