VANCOUVER, May 20, 2015 /CNW/ - Tasman Metals
Ltd. ("Tasman" or the "Company") (TSXV : TSM);
(Frankfurt : T61); (NYSE-MKT :
TAS) is pleased to announce that at the Company's Annual
General and Special Meeting of Shareholders held on Tuesday, May 19, 2015 (the "Meeting"),
Messrs. Mark Saxon, Michael Hudson, Nick
DeMare, David Henstridge,
Robert Atkinson and Gillyeard
Leathley were elected to serve as directors of the Company for the
ensuing year. In addition, the following matters were
approved at the Meeting:
(i) the ratification of the Company's 10% rolling stock option
plan (the "Plan");
(ii) the ratification of an amendment to the Plan to enable the
Company to issue stock options to Eligible Charitable Organizations
as such term is defined in the policies of the TSX Venture
Exchange;
(iii) the adoption of new articles of the Company to ensure
consistency with the provisions of the Business Corporations
Act (British Columbia) and to
facilitate the administration of the Company's affairs and reduce
the overhead and administrative costs related to certain matters
all as more particularly described in the Company's management
information circular dated April 15,
2015; and
(iv) the appointment of D+H Group LLP, Chartered Accountants, as
the auditors of the Company for the ensuing year and the
authorization for the directors of the Company to fix their
remuneration.
Refer to the Company's Voting Results for Annual and Special
Meeting of Shareholders Report filed on SEDAR (www.sedar.com) and
EDGAR (www.sec.gov) under the Company's profile for further
details of the voting results at the Meeting.
Subsequent to the Meeting, the directors appointed Mr. Saxon as
President and Chief Executive Officer, Mr. DeMare as Chief
Financial Officer and Ms. Mariana
Bermudez as Corporate Secretary of the Company.
Messrs. Atkinson, Leathley and Henstridge were appointed as members
of the Audit Committee.
About Tasman Metals Ltd.
Tasman is a Canadian mineral exploration and development company
focused on critical metals including REE's and tungsten in
Scandinavia. Tasman is listed on the TSX Venture Exchange under the
symbol "TSM" and the NYSE-MKT under the symbol
"TAS". REE and tungsten demand is increasing, due to
the metals' unique properties that make them essential for high
technology and industry. Since over 80% of REE and tungsten
supply is sourced from China, the
European Commission promotes policy to develop domestic supply of
critical metals to ensure the security of industry. Tasman
receives research funding from the European Commission.
Tasman's exploration portfolio is uniquely placed, with the
capacity to deliver strategic metals from politically stable,
mining friendly jurisdictions with developed infrastructure and
skills. The Company's Norra
Karr and Olserum projects in Sweden are two of the most significant known
heavy REE projects in the world, enriched in dysprosium, yttrium,
terbium and neodymium. The Company is now focused on the
safe, sustainable and responsible development of its Scandinavian
mineral portfolio.
On behalf of the Board,
"Mark
Saxon"
Mark Saxon, President & CEO
The TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture
Exchange), the NYSE - MKT nor the Frankfurt Stock Exchange accepts
responsibility for the adequacy or accuracy of this news
release.
SOURCE Tasman Metals Ltd.