L&L Energy Announces Results of Its Annual General Shareholders' Meeting
SEATTLE, Sept. 4, 2012 /PRNewswire/ -- L & L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or "Company"), a Seattle-based company with a track record of profitable coal operations in China, announces that its Annual General Shareholders Meeting was held on August 31, 2012 at L&L's Seattle office. All proposals were voted in favor for and adopted by the shareholders as follows:
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Elected, with over 97 percent of votes for, all five new Board candidates recommended by the prior Board of Directors: |
1) Dickson Lee, CPA, |
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2) Syd Peng, Ph.D. |
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3) Jingcai Yang, P.E. |
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4) Clayton Fong |
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5) Mohan Datwani, ESQ |
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Approved an advisory vote on named executive officers' compensation. |
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Approved an advisory vote on L&L seeking a dual listing outside of the USA. |
Dickson Lee, L&L Chairman and CEO, commented, "I thank our shareholders for their overwhelming support on all items listed in our proxy statement, and for a successfully electing a high quality and execution driven new Board of Directors. During the first new Board meeting held later that day, Board members demonstrated their values and ability to work as a group guiding L&L. For that, I believe the new Board will make significant strides to maximize shareholder benefit."
Contacts:
L&L Energy Inc.
(206)-264-8065
[email protected]
SOURCE L & L Energy, Inc.
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