Sydney, Australia--(Newsfile Corp. - May 29, 2025) - Established gold producer Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) ("Austral" or the "Company") advises that shareholders of the Company passed all resolutions in the Notice of Meeting dated 28 April 2025 at the General Meeting held today at 9:00am (AEST) by way of poll.
As previously announced to the market on 14 April 2025, the Board resolved to appoint BDO Audit Pty Ltd as the Company's auditor, subject to shareholder approval at the Annual General Meeting. In accordance with the Corporations Act 2001(Cth), shareholders approved the appointment of BDO Audit Pty Ltd at today's Annual General Meeting.
About Austral Gold
Austral Gold is a growing gold and silver mining producer building a portfolio of quality assets in the Americas based on three strategic pillars: production, exploration and equity investments. Austral continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing and exploration assets.
For more information, please visit the Company's website at www.australgold.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Release approved by the Joint Company Secretary, David Hwang.
For additional information please contact:
| David Hwang Joint Company Secretary Austral Gold Limited david@confidantpartners.com +61 433 292 290 | Jose Bordogna Chief Financial Officer and Joint Company Secretary Austral Gold Limited jose.bordogna@australgold.com |
Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements. Forward-looking statements are statements that are not historical and consist primarily of projections - statements regarding future plans, expectations and developments. Words such as "expects", "intends", "plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar import tend to identify forward-looking statements. Forward-looking statements in this news release include Austral continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing and exploration assets.
All of these forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including, without limitation, uncertainty of exploration programs, development plans and cost estimates, commodity price fluctuations; political or economic instability and regulatory changes; currency fluctuations, the state of the capital markets especially in light of the effects of the novel coronavirus, uncertainty in the measurement of mineral resources and reserves and other risks and hazards related to the exploration of a mineral property, and the availability of capital. You are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Austral cannot assure you that actual events, performance or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. Austral's forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and Austral does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements.
Austral Gold Limited
Annual General Meeting
Thursday, 29 May 2025
Results of Meeting
The following information is provided in accordance with section 251AA(2) of the Corporations Act 2001 (Cth) and ASX Listing Rule 3.13.2.
| Resolution details | Instructions given to validly appointed proxies (as at proxy close) | Number of votes cast on the poll (where applicable) | Resolution Result | ||||||
| Resolution | Resolution Type | For | Against | Proxy's Discretion | Abstain | For | Against | Abstain* | Carried / Not Carried |
| 1 Adoption of the Remuneration Report | Ordinary | 18,392,510 86.56% | 2,757,919 12.98% | 97,874 0.46% | 281,370,183 | 18,490,384 87.02% | 2,757,919 12.98% | 281,370,183 | Carried |
| 2 Re-election of Director - Mr Eduardo Elsztain | Ordinary | 301,835,636 99.75% | 620,522 0.21% | 124,874 0.04% | 59,028 | 302,560,510 99.80% | 620,522 0.20% | 59,028 | Carried |
| 3 Re-election of Director - Mr Saul Zang | Ordinary | 301,835,755 99.77% | 575,829 0.19% | 124,874 0.04% | 103,602 | 302,560,629 99.81% | 575,829 0.19% | 103,602 | Carried |
| 4 Re-election of Director Mr Pablo Vergara Del Carril | Ordinary | 301,829,500 99.77% | 575,384 0.19% | 124,874 0.04% | 110,302 | 302,554,374 99.81% | 575,384 0.19% | 110,302 | Carried |
| 5 Re-election of Director - Mr Robert Trzebski | Ordinary | 301,880,055 99.79% | 524,829 0.17% | 124,874 0.04% | 110,302 | 302,604,929 99.83% | 524,829 0.17% | 110,302 | Carried |
| 6 Re-election of Director - Mr Ben Jarvis | Ordinary | 301,920,526 99.80% | 491,058 0.16% | 124,874 0.04% | 103,602 | 302,645,400 99.84% | 491,058 0.16% | 103,602 | Carried |
| 7 Appointment of BDO Audit Pty Ltd | Ordinary | 306,271,065 99.80% | 471,020 0.15% | 149,638 0.05% | 159,532 | 307,020,703 99.85% | 471,020 0.15% | 159,532 | Carried |
| 8 Grant of Security Interest (As part of a Loan Agreement) to a Substantial Holder and Related Party | Ordinary | 18,192,512 84.40% | 3,213,690 14.91% | 149,638 0.69% | 281,084,220 | 18,942,150 85.50% | 3,213,690 14.50% | 281,084,220 | Carried |
| 9 Approval of 10% Capacity to Issue Equity Securities | Special | 297,945,155 99.57% | 1,135,527 0.38% | 149,638 0.05% | 3,409,740 | 298,694,793 99.62% | 1,135,527 0.38% | 3,409,740 | Carried |
* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253816
