Yandal Resources Limited (ASX:YRL) has issued a Notice of General Meeting scheduled for 11:30am AWST on Monday, 14 December 2026, at the company's office in West Perth, to seek shareholder approval on four resolutions relating to the ratification of prior placement shares and the approval of additional share issuances including director participation.

Key Points

  • General Meeting to be held at 11:30am AWST on Monday, 14 December 2026, at Suite 1, Level 3, 1138 Hay St, West Perth, WA 6005
  • Resolution 1 seeks ratification of 56,095,385 fully paid ordinary shares issued at $0.075 per share under Listing Rule 7.1
  • Resolution 2 seeks ratification of 38,150,893 fully paid ordinary shares issued at $0.075 per share under Listing Rule 7.1A
  • Resolution 3 seeks approval to issue 6,666,667 shares to director Andrew Jackson at $0.075 per share for total consideration of $500,000
  • Resolution 4 seeks approval to issue up to 19,087,055 shares at $0.075 per share to Tranche 2 placement participants other than Andrew Jackson

General Meeting Resolutions and Placement Share Ratification

The meeting will consider four ordinary resolutions, each requiring more than 50% of votes validly cast to pass, with all resolutions to be decided on a poll. Resolutions 1 and 2 seek retrospective shareholder ratification under Listing Rule 7.4 for shares already issued through the company's placement capacity. Resolution 1 covers 56,095,385 fully paid ordinary shares issued at $0.075 per share under Listing Rule 7.1, while Resolution 2 covers 38,150,893 fully paid ordinary shares at the same issue price issued under Listing Rule 7.1A.

Director Andrew Jackson Participation in Placement

Resolution 3 seeks shareholder approval under Listing Rule 10.11 for the company to issue 6,666,667 fully paid ordinary shares to director Andrew Jackson, or his nominee or nominees, at an issue price of $0.075 per share. The total subscription consideration for Andrew Jackson's participation is disclosed as $500,000. Resolution 4 separately seeks approval under Listing Rule 7.1 for the company to issue up to 19,087,055 fully paid ordinary shares at $0.075 per share to other persons or entities participating in Tranche 2 of the placement, excluding Andrew Jackson.

Proxy Voting Deadline and Meeting Logistics

Shareholders wishing to vote by proxy must ensure their completed Proxy Form is received no later than 11:30am AWST on Saturday, 12 December 2026, being 48 hours before the commencement of the meeting. Proxy forms may be submitted online, by mail, in person, by email, or by facsimile through the company's share registry, Automic. The company's Notice of Meeting and accompanying explanatory statement are available electronically and have not been dispatched in physical form unless individual shareholders have elected to receive hard copy documents. The filing was authorised for release by Company Secretary Greg Fitzgerald.