Falcon Energy Materials plc (TSX-V: FLCN) announced the results of its annual general meeting of shareholders held on June 18, 2026. A total of 38,944,710 ordinary shares, representing 22.90% of the company's issued and outstanding shares as of the record date, were represented at the meeting.
All eight nominees listed in the management proxy circular were elected as directors for the ensuing year. The directors elected are the individuals named in the circular dated May 7, 2026, with details of the votes cast provided in Table 1 of the company's press release.
Shareholders also approved the appointment of PricewaterhouseCoopers LLP as external auditors for Canadian legal requirements and Grant Thornton Audit and Accounting Limited for Abu Dhabi Global Market requirements. The directors were authorized to fix the auditors' remuneration for the next year.
An ordinary resolution was passed to ratify and approve the company's Amended and Restated Security Based Compensation Plans. These plans increase the number of ordinary shares reserved from 22,764,466 to 34,016,078 shares issuable under the Amended and Restated Stock Option Plan, Deferred Share Units Plan, and Restricted Units Plan combined. The amendments are subject to final approval by the TSX Venture Exchange.
Falcon Energy Materials is focused on becoming a premier provider of natural Coated Spheroidized Purified Graphite (CSPG), a critical component for energy storage solutions. The company is developing a 26 ktpa CSPG production facility in Morocco, leveraging partnerships with leading Chinese technology firms and Tier One Moroccan partners. This strategic positioning aims to enable consistent, high-quality supply to global markets. For more information, visit the company's website at www.falconem.net.
The company cautions that forward-looking statements in this release involve risks and uncertainties, including those related to development timelines, financing, regulatory approvals, and market conditions. Detailed risk factors are described in the company's management's discussion and analysis filed on SEDAR+ at www.sedarplus.ca.
