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Scandium Canada Ltd Proxy Solicitation & Information Statement 2024

Aug 22, 2024

47527_rns_2024-08-22_97bdc47f-05bd-49cb-9d0a-aab1e14a8fbb.pdf

Proxy Solicitation & Information Statement

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NOTICE OF ANNUAL GENERAL & SPECIAL MEETING

Notice is hereby given that the Annual General & Special Meeting (the "Meeting") of the shareholders (the "Shareholders") of Pan Global Resources Inc. (the "Company") will be held at Suite 1150 - 355 Burrard Street, Vancouver, British Columbia, V6C 2G8, on Thursday, September 19, 2024 at the hour of 10:00 a.m. (local time in Vancouver, B.C.).

Changes to the Meeting date and/or means of holding the Meeting may be announced by way of press release which would be filed on SEDAR. Please monitor the Company's press releases for updated information up until the date of the Meeting. We do not intend to prepare or mail an amended management information circular in the event of changes to the Meeting format.

The Meeting will be held for the following purposes:

  • To receive the audited annual financial statements of the Company for its fiscal year ended $1.$ January 31, 2024;
  • To fix the number of directors at six (6) $2.$
    1. To elect directors for the ensuing year;
  • To appoint Davidson & Company LLP the auditors for the Company for the ensuing $4.$ financial year and to authorize the directors to fix the remuneration to be paid to the auditors;
  • To re-approve, ratify and confirm the Company's Omnibus Equity Incentive Compensation 5. Plan for the ensuing year, as set forth in the Information Circular accompanying this Notice: and
  • To approve the transaction of such other business as may properly come before the 6. Meetina.

The nature of the business to be transacted at the Meeting is described in further detail in the Information Circular. Only shareholders of record as of the close of business on August 12, 2024 are entitled to receive notice of and to vote by proxy at the Meeting or any adjournment or adjournments thereof.

To assure your representation at the Meeting as a registered Shareholder (a "Registered Shareholder"), please complete, sign, date and return the enclosed proxy, whether or not you plan to attend the Meeting in person. All proxies completed by Registered Shareholders must be received by the Company's transfer agent, Computershare Investor Services Inc. ("Computershare"), not later than Tuesday, September 17, 2024 at 10:00 a.m. (Vancouver Time). A Registered Shareholder must return the completed proxy to Computershare as follows:

  • by the Internet or telephone as described on the enclosed proxy; or $(a)$
  • by registered mail, by hand or by courier to the attention of Computershare Attention: Investor $(b)$ Services Division, 3rd Floor, 510 Burrard Street, Vancouver, BC V6C 3B9

Non-registered Shareholders ("Non-Registered Shareholders") whose shares are registered in the name of an intermediary should carefully follow voting instructions provided by the intermediary. A more detailed description on returning proxies by Non-Registered Shareholders can be found beginning on page [2] of the attached Circular.

If you are a Non-Registered Shareholder, it is vital that the voting instruction form provided to you by your broker, intermediary or its agent is returned according to their instructions, sufficiently in advance of the deadline specified by the broker, intermediary or agent, to ensure that they are able to provide voting instructions on your behalf.

An Information Circular and a form of Proxy accompany this Notice.

DATED at Vancouver, British Columbia, this 12th day of August, 2024.

BY ORDER OF THE BOARD

"Tim Moody"

Tim Moody President & CEO

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