other material
confidence high
sentiment neutral
materiality 0.30
Birchtech (fka Midwest Energy) adopts majority voting policy, amends equity plans for TSX listing
Birchtech Corp.
- Corporate name changed from Midwest Energy Emissions Corp. to Birchtech Corp. effective Oct 17, 2024; conforming bylaw amendment approved Nov 11.
- Non-material amendments to 2014 and 2017 equity incentive plans approved Oct 29, 2024, in connection with TSX listing and graduation from TSX Venture Exchange.
- Board adopted Majority Voting Policy Oct 30: in uncontested elections, director receiving more withheld than for votes must offer resignation; Board decides within 90 days.
- Equity plan share reserve unchanged at 4.775 million shares; no changes to terms or financial impact disclosed.