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Electric Metals ( (TSE:EML) ) has shared an update.
Electric Metals (USA) Limited announced that all resolutions presented at their annual and special shareholder meeting were approved, including the election of directors and the reapproval of their equity incentive plan. Notably, the company received approval for a two-step continuance, first to British Columbia and then potentially to Delaware, aligning with its mission to support the U.S. supply of high-purity manganese products. This strategic move is intended to create a more agile platform for execution and partnerships, enhancing the company’s positioning in the critical minerals industry.
More about Electric Metals
Electric Metals (USA) Limited is a U.S.-based critical minerals company focused on advancing manganese and silver projects to support the clean energy transition. Its principal asset is the North Star Manganese Project in Minnesota, which is the highest-grade manganese deposit in North America. The company aims to establish a fully domestic U.S. supply of high-purity manganese products for the North American electric vehicle battery, technology, and industrial markets.
Average Trading Volume: 165,162
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$56.51M
For a thorough assessment of EML stock, go to TipRanks’ Stock Analysis page.