New Age Exploration Passes All 10 Resolutions at November 2026 Annual General Meeting

Aditi Sarkar

05 November 2026 03:14 PM AEDT

New Age Exploration Passes All 10 Resolutions at November 2026 Annual General Meeting

Image Source: Krish Capital Pty Ltd

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New Age Exploration Limited (ASX:NAE) has disclosed that all ten resolutions put to shareholders at its Annual General Meeting, held on 5 November 2026 at 10:00am AEDT, were passed by poll, including approval of a capital consolidation and a 10% placement facility.

Key Points

All ten resolutions were decided by poll called by the Chairman and were carried at the AGM held 5 November 2026.
The re-election of Director Adrien Wing was carried with 98.37% of poll votes in favour.
Approval of a 10% Placement Facility (special resolution) was carried with 98.37% of poll votes in favour.
Approval of capital consolidation was carried with 95.97% of poll votes in favour.
The Remuneration Report was carried with 94.62% of poll votes in favour.

AGM Poll Results Overview

New Age Exploration held its Annual General Meeting on 5 November 2026, with all resolutions determined by poll. The Remuneration Report received 304,173,657 votes in favour, representing 94.62% of poll votes, with 17,288,984 votes against, representing 5.38%. The re-election of Director Adrien Wing and the Approval of the 10% Placement Facility each received 425,226,229 votes in favour, equating to 98.37% of poll votes cast, with 7,038,984 votes against, representing 1.63%.

Ratification of Share Issues and Incentive Plans

Shareholders voted on the ratification of two separate share issuances. The Ratification of issue of Consultant Shares was carried with 98.48% of poll votes in favour, totalling 425,708,289 votes. The Ratification of issue of Acquisition Consideration Shares was carried with 98.25% of poll votes in favour, totalling 368,565,432 votes. The Re-approval of the Employee Securities Incentive Plan was also carried with 98.48% of poll votes in favour, with 425,226,229 votes for and 6,556,924 votes against.

Resolutions Relating to Joshua Wellisch and Capital Consolidation

Resolutions concerning Joshua Wellisch were each carried with 98.36% of poll votes in favour, with 425,155,409 votes for and 7,109,804 votes against. The Re-insertion of Proportional Takeover Bid Approval Provisions, a special resolution, was carried with 98.48% in favour, totalling 425,591,623 votes. The Approval of consolidation of capital, also a special resolution, was carried with 424,551,617 votes in favour, representing 95.97%, against 17,846,930 votes opposed, representing 4.03%. The filing was released with authority of the Board, with Joint Company Secretary Pauline Moffatt signing the release.

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