Power Metallic Mines Inc (TSX-V:PNPN, OTCQB:PNPNF) announced that shareholders have approved all items at its November 20 Annual General and Special Meeting (AGSM), including director elections, auditor appointment, and its new Omnibus Equity Incentive Plan.
The plan replaces the prior stock option program and expands available equity-based compensation.
Also, the company said it is advancing its NYSE listing application, subject to regulatory approval, and expects to provide an update in early January following completion of Q3 reviews.