G11 Resources Passes Key Resolutions with Over 99% Support at EGM

Strong Shareholder Support for Strategic Moves

G11 Resources Limited has emerged from its Extraordinary General Meeting held on 6 November 2025 with all proposed resolutions carried decisively. The meeting, which saw robust shareholder participation, approved critical corporate actions that set the stage for the company’s next phase of growth.

Acquisition and Consideration Shares Approved

Central to the meeting was the approval of the acquisition of sale shares from a related party, a move that received near-unanimous support with 99.97% of votes cast in favour. This acquisition is complemented by shareholder endorsement to issue consideration shares not only to related party sellers but also to non-related party sellers, both passing with over 99.9% approval. These steps indicate a clear mandate for G11 to consolidate ownership and align interests among key stakeholders.

Securities Consolidation to Enhance Capital Efficiency

Another significant resolution passed was the consolidation of securities, approved by 99.94% of votes. This consolidation is likely aimed at simplifying the company’s capital structure, potentially improving liquidity and making the stock more attractive to investors. Such a move often precedes further strategic initiatives or capital raising activities.

Implications for G11’s Future

While the announcement does not delve into the strategic rationale or financial specifics behind these resolutions, the overwhelming shareholder backing suggests confidence in the board’s direction. Investors will be watching closely for subsequent disclosures that detail how these approvals translate into operational progress and value creation.