Falcon Energy Materials plc (TSX-V: FLCN) announced the results of its annual general meeting of shareholders held on June 18, 2026. All eight nominees listed in the management proxy circular were elected as directors, with each receiving significant shareholder support. The elected directors include Matthieu Bos, Matt Johnston, and others, as detailed in the company's filings on SEDAR+.
Shareholders also approved the appointment of Pricewaterhouse Coopers LLP and Grant Thornton Audit and Accounting Limited as external auditors for the ensuing year. Additionally, an ordinary resolution was passed to ratify and approve the company's Amended and Restated Security Based Compensation Plans, which increase the number of ordinary shares reserved for issuance from 22,764,466 to 34,016,078 under the stock option, deferred share units, and restricted units plans. 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. These collaborations provide access to advanced technology, high-quality raw materials, and a strategic geographic location, positioning Falcon to deliver consistent supply to global markets.
The company's forward-looking statements highlight its aim to become the go-to producer of natural CSPG, supporting widespread adoption in energy storage and other industries. However, these statements involve risks and uncertainties, including the availability of financing, regulatory approvals, and market conditions. Detailed risk factors are outlined in the company's management's discussion and analysis for the year ended December 31, 2025, available on SEDAR+.
For more information, visit Falcon's website at www.falconem.net. The TSX Venture Exchange has neither approved nor disapproved the content of this release.
