Canada Silver Cobalt Works Inc. (TSXV: CCW) recently announced the results of their recently-concluded Annual and Special Meeting of Shareholders, held on November 7, 2020.
At the Meeting, all ten of the resolutions put forward by the Board of Directors were passed by the requisite majority of votes. This included the appointment of KPMG LLP and the re-election of each of the directors of the Company nominated for the purpose.
Cobalt Works, which operates as a Canadian Silver-Cobalt mining and technology company, has been striving to become a leader in the silver-cobalt industry. With a strategically located Refinery/Mill located in the heart of the world’s richest Cobalt districts, Canada Silver Cobalt Works Inc. is making great business progress.
The Company already made several accomplishments that include commencement of a mineral resource evaluation for the Castle Silver-Cobalt Mine-Mill complex near Gowganda, Ontario, and entering into a binding Memorandum of Understanding (MoU) with Brunswick Homestake Corporation, relating to the proposed development of a silver-cobalt processing facility nearby.
The leadership team at Canada Silver Cobalt Works Inc. showed strong dedication to making this company exceptional. CEO Frank Basa explained that, “We are very pleased with the outcomes of our Annual and Special Meeting of Shareholders. Not only do the meeting results demonstrate shareholders’ support for our current direction, but they also remind us of the need to continue to strive for the highest standards and invest in projects that create value for all stakeholders.”
The Company is well-positioned for success and looks forward to unlocking the potential of the precious metal and mineral industry. The shareholders play a vital role in helping the enterprise to advance its mission and vision.
The management team at Canada Silver Cobalt Works Inc. thanks its investors for their continued support, and looks forward to their influence as the company continues on its path to becoming a leader in the silver-cobalt industry.