L1 Gold Fund Shareholders Pass All Eight Resolutions at 10 November 2026 AGM

Anjali Anand

10 November 2026 12:56 PM AEDT

L1 Gold Fund Shareholders Pass All Eight Resolutions at 10 November 2026 AGM

Image Source: Krish Capital Pty Ltd

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L1 Gold Fund Limited (ASX:LGF) held its 2026 Annual General Meeting on 10 November 2026, with shareholders voting in favour of all eight resolutions put to the meeting, including the re-election of five non-executive directors, the adoption of the remuneration report, the ratification of a September 2026 placement of 71,250,000 shares, and the appointment of Ernst & Young as auditor.

Key Points

All eight resolutions were passed at the AGM held on 10 November 2026.
The remuneration report for the year ended 30 June 2026 was adopted, receiving 99.48% of proxies cast in favour.
Five non-executive directors — Andrew Larke, Douglas Farrell, David Gray, Julian Russell, and Jane Stewart — were each re-elected, each receiving at least 99.48% of proxies cast in favour.
Shareholders ratified the issue of 71,250,000 placement shares to sophisticated and professional investors on 2 September 2026, with 99.25% of proxies cast in favour.
Ernst & Young was appointed as auditor of the company, receiving 99.50% of proxies cast in favour.

Remuneration Report Adoption — Year Ended 30 June 2026

Shareholders considered and adopted the remuneration report for the financial year ended 30 June 2026 under Resolution 1. According to the filing, 177,410,496 proxy votes, representing 99.48% of proxies cast, were recorded in favour of the resolution. Against votes totalled 96,000, or 0.05% of proxies cast. The vote on this resolution is advisory only and does not bind the directors or the company, as stated in the filing. A total of 7,555 votes were recorded as abstentions.

Re-Election of Five Non-Executive Directors

Resolutions 2 through 6 put the re-election of five non-executive directors to shareholders. Mr Andrew Larke received 99.53% of proxies cast in favour, with zero votes against. Mr Douglas Farrell also received 99.53% in favour, with zero votes against. Mr David Gray received 99.52% in favour, with 15,300 votes against. Mr Julian Russell received 99.50% in favour, with zero votes against. Ms Jane Stewart received 99.48% in favour, with 25,150 votes against. All five directors were re-elected as non-executive directors of the company.

Ratification of September 2026 Placement and Auditor Appointment

Under Resolution 7, shareholders ratified the prior issue of 71,250,000 shares to sophisticated and professional investors on 2 September 2026, in accordance with ASX Listing Rule 7.4. The resolution received 177,705,860 votes in favour, representing 99.25% of proxies cast, with 453,000 votes against. Under Resolution 8, shareholders approved the appointment of Ernst & Young as auditor of the company, following a nomination by a member of the company and Ernst & Young's consent to act. That resolution received 178,216,460 votes in favour, or 99.50% of proxies cast, with zero votes against.

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