Result of AGM
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Cora Gold Limited, the West African focused gold company, announces that at its Annual General Meeting held earlier today, Wednesday 24 June 2026, all Resolutions were duly passed by the Company's shareholders.
The votes cast at the Annual General Meeting, including those in respect of shareholders who appointed the Chair of the meeting as their proxy, were as follows:
| Votes for | Votes against | Votes withheld | |||
|---|---|---|---|---|---|
| Number | % | Number | % | Number | |
| Ordinary resolution 1 - Report and accounts | 264,327,793 | 100% | 2,781 | 0% | 20,465 |
| Ordinary resolution 2 - Re-appoint auditor | 264,327,643 | 100% | 2,781 | 0% | 20,615 |
| Ordinary resolution 3 - Re-elect Edward Bowie | 264,327,173 | 99.99% | 22,781 | 0.01% | 1,085 |
| Ordinary resolution 4 - Re-elect Andrew Chubb | 264,347,173 | 100% | 2,781 | 0% | 1,085 |
| Ordinary resolution 5 - Re-elect Adam Davidson | 264,327,173 | 99.99% | 22,781 | 0.01% | 1,085 |
| Ordinary resolution 6 - Re-elect Aryann Gupta | 264,327,162 | 99.99% | 22,792 | 0.01% | 1,085 |
| Ordinary resolution 7 - Re-elect Robert Monro | 264,327,173 | 99.99% | 22,781 | 0.01% | 1,085 |
| Ordinary resolution 8 - Re-elect Paul Quirk | 264,347,173 | 100% | 2,781 | 0% | 1,085 |
| Ordinary resolution 9 - Allot shares | 264,253,377 | 99.97% | 76,508 | 0.03% | 21,165 |
| Special resolution 10 - Disapplication of pre-emption: equity securities | 262,724,086 | 99.39% | 1,605,649 | 0.61% | 21,315 |
Cora has a Probable Reserve of 531 koz at 1.13 g/t Au (US$2,200/oz Au pit shell design). The 2025 Definitive Feasibility Study showed that the Project has strong economic fundamentals, including 98% IRR post tax, US$365 million NPV8 post tax and all-in sustaining costs of US$1,623/oz based on a gold price of US$3,500/oz.
In April 2026, the Company secured a binding US$120 million gold stream which, together with existing equity, fully funds the development of Sanankoro through to production. The agreement also provides flexibility, allowing up to 50% of the stream to be replaced with traditional senior debt within 240 days of approvals, enabling optimisation of the financing structure. With funding in place, the Company is advancing the finalisation of the permitting process with the Government of Mali to enable a swift transition into mine construction.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.