on Lithium South Development Corp. (CVE:LIS)
Lithium South Development Corp. Announces Shareholder Meeting Results
Lithium South Development Corporation has reported the outcomes from its recent annual general and special meeting held on February 19, 2026. Shareholders approved several key motions, including the sale of NRG Metals Argentina S.A., a 100% owner of the Hombre Muerto North Lithium property in Argentina. This proposal was supported by 74.47% of shareholders.
The Going Private Arrangement also received significant backing, with 87.74% of shareholders in favor. Voting included input from a broader group of securityholders, with 48.10% approval for the same arrangement. Director elections saw Adrian Hobkirk, Christopher P. Cherry, and Gordon Neal receiving substantial support.
Final court approval from the Supreme Court of British Columbia is pending. Important dates for the sale and going private actions are expected in March 2026, subject to regulatory clearance.
R. P.
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