Victory Metals Passes All Five Resolutions at 12 November 2026 Annual General Meeting

Aakashdeep

12 November 2026 02:30 PM AEDT

Victory Metals Passes All Five Resolutions at 12 November 2026 Annual General Meeting

Image Source: Krish Capital Pty Ltd

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Victory Metals Limited (ASX:VTM) has advised that all five resolutions put to shareholders at its Annual General Meeting held on 12 November 2026 were carried by poll, including approval of a 10% placement capacity and ratification of a share issue to Cashu Group.

Key Points

All five resolutions were passed by poll at the Annual General Meeting held on 12 November 2026 at 10:00 AM (AWST).
The re-election of Director James Bahen was carried with 99.99% of poll votes cast in favour.
Approval of a 10% placement capacity was carried as a special resolution with 96.81% of poll votes in favour.
Ratification of the issue of shares to Cashu Group was carried with 99.81% of poll votes in favour.
The resolution to increase the threshold under the Employee Incentive Securities Plan was carried with 95.52% of poll votes in favour.

Adoption of Remuneration Report and Director Re-election

The Adoption of the Remuneration Report, Resolution 1, was carried as an ordinary resolution with 98.82% of poll votes in favour and 1.18% against. Resolution 2, the re-election of Director James Bahen, was also carried as an ordinary resolution, recording 99.99% of poll votes in favour and 0.01% against. A total of 4,958 votes were recorded as abstaining from Resolution 2. Both resolutions were decided by poll in accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001.

10% Placement Capacity and Cashu Group Share Ratification

Resolution 3, seeking approval of a 10% placement capacity, was passed as a special resolution with 30,575,649 votes in favour, representing 96.81% of poll votes, and 1,007,018 votes against, representing 3.19%. Resolution 4, the ratification of the issue of shares to Cashu Group, was carried as an ordinary resolution with 31,523,976 votes, or 99.81%, in favour and 58,691 votes, or 0.19%, against. No abstain votes were recorded for either Resolution 3 or Resolution 4.

Employee Incentive Securities Plan Threshold Increase

Resolution 5, seeking approval to increase the threshold under the Employee Incentive Securities Plan, was carried as an ordinary resolution with 21,364,455 votes in favour, representing 95.52% of poll votes cast, and 1,002,928 votes against, representing 4.48%. No abstain votes were recorded for this resolution. The company stated the results were provided in accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001, and the announcement was authorised by the Board of Victory Metals Limited.

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