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Champion Iron Ltd. Shareholders Back Board Decisions

Champion Iron Ltd. Shareholders Back Board Decisions

Champion Iron Ltd. (AU:CIA) has released an update.

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Champion Iron Ltd. successfully concluded its Annual General Meeting, with shareholder resolutions passing by majority votes, including key appointments to the board. Despite a ‘second strike’ against the Remuneration Report, the Conditional Spill Resolution did not pass as per the board’s recommendation. Shareholders demonstrated strong engagement with about 83.47% of outstanding shares represented, and the company continues to focus on high-grade, low contaminant iron ore production.

For further insights into AU:CIA stock, check out TipRanks’ Stock Analysis page.

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