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Press release from CNW Group

5N Plus held its Annual Meeting of Shareholders

Friday, June 28, 2013

5N Plus held its Annual Meeting of Shareholders

08:00 EDT Friday, June 28, 2013

MONTREAL, June 28, 2013 /CNW Telbec/ - 5N Plus Inc. (TSX: VNP), the leading producer of specialty metal and chemical products, held its Annual and Special Meeting of Shareholders yesterday in Montreal, Quebec. A total of approximately 61,839,726 shares (approximately 74% of outstanding common shares) were represented in person or by proxy at the meeting. The Company's shareholders elected the Board of Directors and approved the appointment of PricewaterhouseCoopers LLP as auditors of the Company.

The complete voting results from the meeting are as follows:

The Board of Directors fixed to six the number of directors of the Company to be elected at the meeting. Each of the six nominees listed in the Management Information Circular was elected as a director of 5N Plus. All of the nominee directors were already members of the Board of Directors, with the exception of the Honourable Jean Bazin, Q.C., Ad. E., who was a new nominee.

The Honourable Jean Bazin, Q.C., Ad. E., is Chairman of the Board of Directors of Investissement Québec and was appointed to the Board of Directors of Investissement Québec in January 2011. He was Chairman of the Board of Directors of Société générale de financement du Québec from September 2007 to December 2010. He sat on the Board, as a director, from February 2004 to September 2007.

Admitted to the Québec Bar in 1965, he joined the firm Fraser Milner Casgrain the same year and became a partner in 1971. He was elected President of the Canadian Bar Association in 1987 and 1988. Mr. Bazin was appointed Queen's Counsel (QC) in 1984, and was a member of the Senate of Canada from 1986 to 1989. He sat on several standing committees, including the Senate Standing Committee on Energy and Natural Resources, and served as Vice-Chairman of the Senate Standing Committee on Foreign Affairs.

In 1999, Mr. Bazin acted as President of the Québec-Japan Business Forum. Mr. Bazin serves on the boards of numerous corporations and is a member of several major foreign and national associations. He has an LL.L. as well as a Bachelor of Commerce and a Bachelor of Arts from Université Laval.

Nominee Votes For % For Votes Withheld % Witheld
The Honorable Jean Bazin 60,794,169 99.31 424,556 0.69
Dennis Wood 55,442,367 90.56 5,776,358 9.44
Jacques L'Écuyer 60,796,439 99.31 422,286 0.69
Pierre Shoiry 60,803,373 99.32 415,352 0.68
Jean-Marie Bourassa 60,808,784 99.33 409,941 0.67
John Davis 56,876,509 92.91 4,342,216 7.09


PricewaterhouseCoopers LLP, Chartered Professional Accountants, were reappointed as auditors of 5N Plus until the close of the next annual general shareholders' meeting, and the directors were authorized to fix the remuneration of the auditors.

Votes For % For Votes Withheld % Witheld
60,855,196 98.78 753,284 1.22


About 5N Plus Inc.
5N Plus is the leading producer of specialty metal and chemical products. Fully integrated with closed‐loop recycling facilities, the Corporation is headquartered in Montreal, Quebec, Canada and operates manufacturing facilities and sales offices in several locations in Europe, the Americas and Asia. 5N Plus deploys a range of proprietary and proven technologies to produce products which are used in a number of advanced pharmaceutical, electronic and industrial applications. Typical products include purified metals such as bismuth, gallium, germanium, indium, selenium and tellurium, inorganic chemicals based on such metals and compound semiconductor wafers. Many of these are critical precursors and key enablers in markets such as solar, light‐emitting diodes and eco‐friendly materials.

Forward‐Looking Statements and Disclaimer
This press release may contain forward‐looking information within the meaning of applicable securities laws. All information and statements other than statements of historical facts contained in this press release are forward‐looking information. Such statements and information may be identified by words such as "about", "approximately", "may", "believes", "expects", "will", "intends", "should", "plans", "predicts", "potential", "projects", "anticipates", "estimates", "continues" or similar words or the negative thereof or other comparable terminology. Forward‐looking statements are based on the best estimates available to 5N Plus at this time and involve known and unknown risks, uncertainties and other factors that may cause 5N Plus' actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward‐looking statements. A description of the risks affecting 5N Plus' business and activities appears under the heading "Risk and Uncertainties" of 5N Plus' 2012 MD&A dated March 28, 2013 and Note 13 of the unaudited interim condensed consolidated financial statements for three‐month periods ended March 31, 2013 and 2012 available on SEDAR at www.sedar.com. No assurance can be given that any events anticipated by the forward‐looking information in this press release will transpire or occur, or if any of them do so, what benefits that 5N Plus will derive therefrom. In particular, no assurance can be given as to the future financial performance of 5N Plus. The forward‐looking information contained in this press release is made as of the date hereof and 5N Plus undertakes no obligation to publicly update such forward‐looking information to reflect new information, subsequent or otherwise, unless required by applicable securities laws. The reader is warned against placing undue reliance on these forward‐looking statements.

SOURCE: 5N Plus Inc.

For further information:

Jean Mayer
Vice President, Legal Affairs and Corporate Secretary
5N Plus Inc.
(514) 856‐0644 x6178
invest@5nplus.com

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