United Lithium Announces Results from the 2024 Annual General and Special Meeting of Shareholders

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United Lithium Corp. announces positive voting results and approvals from its annual general meeting. The departure of Vice President, Corporate Development is also highlighted.

VANCOUVER, British Columbia, April 01, 2024 (GLOBE NEWSWIRE) -- United Lithium Corp. (“United Lithium” or the “Company”) (CSE: ULTH; OTCQX: ULTHF; FWB: 0UL) is pleased to announce the voting results from its annual general and special meeting of shareholders held on March 28, 2024 (the “Meeting”).

All directors nominated as listed in the information circular dated February 16, 2024, were elected, as shown in the following table below:

Nominee	Votes For	% Votes For	Votes Withheld	% Votes Withheld
Scott Eldridge	5,717,270	99.062%	54,163	0.938%
Iain Scarr	5,718,586	99.084%	52,847	0.916%
Henrik Lundin	5,718,739	99.087%	52,694	0.913%
Robert Schafer	5,718,223	99.078%	53,210	0.922%
Michael Kobler	5,719,556	99.101%	51,877	0.899%

At the Meeting, the shareholders of the Company also approved:

• the re-appointment of Dale Matheson Carr-Hilton LaBonte LLP as the auditor of the Company for the ensuing year and authorized the directors to fix their remuneration; and
• the Company’s new Compensation Plan.

The total number of common shares of United Lithium represented by shareholders in person or by proxy at the Meeting was 5,771,433 common shares, representing 14.05% of the total issued and outstanding common shares at the record date for the Meeting.

The Company also announces the departure of Anoop Prihar, Vice President, Corporate Development. The board of directors thank Mr. Prihar for his service and wish him success in all his future endeavors.

On Behalf of The Board of Directors

“Scott Eldridge”
President, Chief Executive Officer and Director 
Telephone: +1-604-428-6128
Email: scott@unitedlithium.com

About United Lithium

United Lithium is an exploration & development company energized by the global demand for lithium. The Company is targeting lithium projects in politically safe jurisdictions with advanced infrastructure that allows for rapid and cost-effective exploration, development, and production opportunities.

The Company’s consolidated financial statements and related management’s discussion and analysis are available on the Company’s website at https://unitedlithium.com or under its profile on SEDAR+ at www.sedarplus.ca.

The Canadian Securities Exchange has not approved nor disapproved the contents of this news release and does not accept responsibility for the adequacy or accuracy of this release.

FAQ

Who were the directors elected at the annual general meeting of United Lithium Corp.?

The directors elected were Scott Eldridge, Iain Scarr, Henrik Lundin, Robert Schafer, and Michael Kobler.

What approvals were given by the shareholders at the meeting?

The shareholders approved the re-appointment of Dale Matheson Carr-Hilton LaBonte LLP as the auditor and the Company's new Compensation Plan.

How many common shares were represented at the meeting?

5,771,433 common shares were represented at the meeting, accounting for 14.05% of the total issued and outstanding common shares.

Who departed from United Lithium Corp.?

Anoop Prihar, the Vice President, Corporate Development, departed from the company.