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Gold Mountain Limited Announces Shareholder Meeting Results and Consolidation Timetable

Strategic Insights

Jul 14, 2025 — 1 min read

Gold Mountain Limited held a shareholder meeting, where resolutions were voted on in accordance with the Notice of General Meeting dated 13 June 2025. The meeting resulted in the approval of a consolidation of the company's share capital, with a specific timetable for the consolidation outlined. Additionally, details of proxy votes and the poll for each resolution were disclosed in an attached table. The company also issued shortfall shares to Magnus Capital SA under its prospectus dated 3 April 2025.

Key Takeaways:

The resolutions voted on at the shareholder meeting were in accordance with the Notice of General Meeting dated 13 June 2025.
The meeting approved a consolidation of the company's share capital, with a specific timetable provided for the consolidation.
The timetable for the consolidation includes:

+ Event Date: 15 July 2025

+ Last day for trading on a pre-Consolidation basis: 16 July 2025

+ Trading in post-Consolidation shares commences on a deferred settlement basis: 17 July 2025

+ Record Date: 18 July 2025

+ Update of register and holding statements sent to security holders: Before 12 noon Sydney time on 21 July 2025

+ Normal (T+2) trading on a post-Consolidation basis: 22 July 2025

Shortfall shares were issued to Magnus Capital SA under the company's prospectus dated 3 April 2025.

Statistics:

Number of resolutions voted on: Not specified
Number of shareholders who voted: Not specified
Total number of shares outstanding: Not specified
Number of shortfall shares issued to Magnus Capital SA: Not specified
Date of shareholder meeting: 29 May 2025
Date of Notice of General Meeting: 13 June 2025
Date of prospectus: 3 April 2025

Sources:

Gold Mountain Limited news release
ASX listing Rule 3.13.2
Copyright Act 2001, section 251AA
Gold Mountain Limited prospectus dated 3 April 2025

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