Coda Minerals Passes All Six Resolutions at 2026 Annual General Meeting

Mukul

11 November 2026 02:51 PM AEDT

Coda Minerals Passes All Six Resolutions at 2026 Annual General Meeting

Image Source: Krish Capital Pty Ltd

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Coda Minerals Limited (ASX:COD) has advised that all six resolutions put to shareholders at its Annual General Meeting held on Wednesday, 11 November 2026 were carried by poll, including resolutions to ratify and approve share issues to Cumulus Wealth Pty Ltd and to approve additional issuance capacity.

Key Points

All six resolutions at the 11 November 2026 Annual General Meeting were carried by poll.
The re-election of Director Keith Jones was approved, with 93.47% of poll votes cast in favour.
Ratification of the share issue to Cumulus Wealth Pty Ltd passed with 97.97% of poll votes in favour.
Approval to issue shares to Cumulus Wealth Pty Ltd passed with 97.48% of poll votes in favour.
Approval of additional issuance capacity passed with 92.27% of poll votes in favour.

Remuneration Report and Director Re-Election Results

The adoption of the Remuneration Report received 96.93% of poll votes in favour and 3.07% against, with 403,700 votes abstaining. The re-election of Director Keith Jones received 93.47% of poll votes in favour, with 3,728,752 votes — representing 6.53% — cast against. A total of 27,887 votes were recorded as abstentions for that resolution. Both resolutions were decided by poll, in accordance with the company's disclosure under Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001.

Cumulus Wealth Share Issue Ratification and Approval

Resolution 3, which sought ratification of the issue of shares to Cumulus Wealth Pty Ltd, was carried with 39,973,309 votes — representing 97.97% — in favour and 827,783 votes, or 2.03%, against. A total of 16,337,142 votes were recorded as abstentions. Resolution 4, seeking approval to issue shares to Cumulus Wealth Pty Ltd, was carried with 39,765,476 votes — representing 97.48% — in favour and 1,027,783 votes, or 2.52%, against, with 16,344,975 abstentions recorded.

Employee Incentive Plan and Additional Issuance Capacity

Resolution 5, covering approval to issue equity securities under the Employee Incentive Plan, was carried with 30,781,620 votes — representing 87.50% — in favour and 4,399,044 votes, or 12.50%, against. Resolution 6, seeking approval of additional issuance capacity, was carried with 52,707,492 votes — representing 92.27% — in favour and 4,413,652 votes, or 7.73%, against. Both resolutions were decided by poll. The company stated the results were disclosed pursuant to Listing Rule 3.13.2 and the Corporations Act 2001.

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