Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu or the Company) advises that as required by ASX Listing Rule 3.13.2 and Section 251AA of the Corporations Act 2001 (Cth), the results of Xanadu Mines Ltd’s 2023 Annual General Meeting held as a Hybrid Meeting today, are set out in the attached report and includes a summary of the poll voting results and votes by proxies on the items of business considered at the Annual General Meeting.

For further information, please contact:

Colin MoorheadExecutive Chairman & Managing DirectorP: +61 2 8280 7497E: colin.moorhead@xanadumines.com W: www.xanadumines.com Spencer ColeChief Financial OfficerP: +61 2 8280 7497E: spencer.cole@xanadumines.com

This Announcement was authorised for release by the Executive Chairman and Managing Director.

Xanadu Mines Ltd Annual General Meeting Monday, 29 May 2023 Results of Meeting

The following information is provided in accordance with section 251AA(2) of the Corporations Act 2001 (Cth) and ASX Listing Rule 3.13.2.

Resolution details Instructions given to validly appointed proxies(as at proxy close) Number of votes cast on the poll(where applicable) ResolutionResult
Resolution ResolutionType For Against Proxy'sDiscretion Abstain For Against Abstain* Carried/Not Carried
1 Re-election of Director - Mr. Ganbayar Lkhagvasuren Ordinary 694,240,32590.71% 70,787,6139.25% 324,7780.04% 16,958,329 698,747,75890.80% 70,787,6139.20% 16,958,329 Carried
2 Re-election of Director - Mr. Shaoyang Shen Ordinary 704,723,65490.13% 76,862,6139.83% 324,7780.04% 400,000 709,231,08790.22% 76,862,6139.78% 400,000 Carried
3 Remuneration Report Ordinary 743,619,53998.96% 7,489,7941.00% 324,7780.04% 0 748,126,97299.01% 7,489,7940.99% 0 Carried
4 Ratification of Prior Issue of Shares – 24 January 2023 Ordinary 724,223,58798.99% 7,118,9160.97% 324,7780.04% 100,007 728,731,02099.03% 7,118,9160.97% 100,007 Carried

* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

PDF of voting results available at: http://ml.globenewswire.com/Resource/Download/f09d783c-5a54-4e15-bb47-cdfae89a49a1

Xanadu Mines (TSX:XAM)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Xanadu Mines Charts.
Xanadu Mines (TSX:XAM)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Xanadu Mines Charts.