Ragnar Metals Passes All Five Resolutions at 12 November 2026 AGM

Mukul

12 November 2026 02:05 PM AEDT

Ragnar Metals Passes All Five Resolutions at 12 November 2026 AGM

Image Source: Krish Capital Pty Ltd

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Ragnar Metals Limited (ASX:RAG) has advised that all five resolutions put to shareholders at its Annual General Meeting held on 12 November 2026 were passed by the requisite majority, including approval of a 10% placement capacity and ratification of consideration shares issued in connection with the Harnas acquisition.

Key Points

All five resolutions at Ragnar Metals' AGM on 12 November 2026 were carried by the requisite majority.
The 10% Placement Capacity resolution (Resolution 3) passed as a special resolution with 97.31% of votes cast in favour.
Director David Wheeler was re-elected with 97.31% of votes cast in favour.
Ratification of prior issue of consideration shares for the Harnas acquisition passed with 97.36% of votes cast in favour.
The Employee Incentive Plan resolution passed with 89.79% of votes cast in favour.

Remuneration Report and Director Re-election Outcomes

The Adoption of the Remuneration Report (Resolution 1) was carried as an ordinary resolution, with 29,891,574 votes, representing 92.60% of votes cast, recorded in favour, and 2,387,259 votes, or 7.40%, against. The re-election of Director David Wheeler (Resolution 2) was also carried as an ordinary resolution, with 75,587,829 votes representing 97.31% of votes cast in favour, and 2,087,037 votes, or 2.69%, against. A total of 222 votes were recorded as abstaining on Resolution 2, according to the company's filing lodged in accordance with ASX Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act.

10% Placement Capacity and Employee Incentive Plan Approved

Shareholders approved the 10% Placement Capacity (Resolution 3) as a special resolution, with 75,587,829 votes, or 97.31%, cast in favour and 2,087,259 votes, or 2.69%, against. The resolution to enable the issue of equity securities under the Ragnar Metals Equity Incentive Plan (Resolution 4) was carried as an ordinary resolution, with 28,982,145 votes representing 89.79% of votes cast in favour, and 3,296,688 votes, or 10.21%, against. A further 112,500 votes were directed to proxy discretion for Resolution 4, the filing states.

Harnas Acquisition Consideration Shares Ratified

Resolution 5, seeking ratification of the prior issue of consideration shares in connection with the Harnas acquisition, was carried as an ordinary resolution with 75,624,866 votes, representing 97.36% of votes cast, recorded in favour. A total of 2,050,222 votes, or 2.64%, were cast against. No abstentions were recorded on this resolution. The filing was authorised for release by the Board for the purposes of ASX Listing Rule 15.5, with Company Secretary Jessamyn Lyons identified as the authorising contact for the disclosure.

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