Resource Minerals International Obtains Shareholder Approval for Capital Placements and Related Party Share Issuances

Ratification of December 2025 Placement Shares Under ASX Listing Rules

At the General Meeting, Resolution 1 sought shareholder ratification of placement shares issued in December 2025 pursuant to ASX Listing Rule 7.1A. The poll recorded 277,440,796 votes in favour, representing 99.86% of votes cast, with 376,875 votes (0.14%) against and no abstentions.

This ratification complies with Listing Rule 3.13.2 and aligns with ASX Corporate Governance Council Principles and Recommendations, particularly recommendation 6.4 requiring poll voting. The overwhelming shareholder support confirms investor acceptance of the December 2025 placement and adherence to the relevant listing rules.

May 2026 Placement Shares Ratification and Capital Management Approval

Resolution 2 requested shareholder ratification of placement shares issued in May 2026 under ASX Listing Rule 7.1. The poll yielded identical results to Resolution 1, with 277,440,796 votes (99.86%) in favour, 376,875 votes (0.14%) opposed, and zero abstentions.

This May 2026 placement represents a strategic capital management initiative executed in early 2026. The ratification confirms the board’s alignment with shareholder expectations and formally endorses the capital raising. The consistent strong support for both placements highlights sustained shareholder confidence in the company’s capital allocation during a period of operational growth and strategic positioning.

Approval of Related Party Share Issuance to Executive Chairman Asimwe Kabunga

Resolution 3 sought shareholder approval for related party placement shares issued to Executive Chairman Asimwe Kabunga, in compliance with governance requirements for related party transactions. The poll recorded 442,321,412 votes in favour (99.91%), 381,781 votes against (0.09%), and 162,283,525 votes withheld or subject to proxy discretion.

This approval underscores the company’s commitment to transparent governance and shareholder oversight of material related party dealings. Under the Corporations Act 2001 and ASX listing rules, such transactions require shareholder consent to prevent unfair advantages. The strong affirmative vote indicates shareholders deemed the allocation to Kabunga fairly priced and aligned with company interests.

Shareholder Approval for Related Party Share Issuance to Director Trevor Matthews

Resolution 4 addressed approval of related party placement shares to director Trevor Matthews. The poll returned 599,557,318 votes in favour (99.94%), 381,781 votes against (0.06%), and 5,047,619 votes withheld or subject to proxy discretion.

This governance process mirrors that of Resolution 3, ensuring all related party capital transactions undergo shareholder scrutiny. The voting results demonstrate shareholder support for the related party allocations, allowing the board to proceed with the agreed capital structure incorporating executive and director participation in the late 2025 and early 2026 placements.

General Meeting Conducted in Accordance with ASX Governance Standards

The General Meeting took place on 22 July 2026 at 10:00 am WST at the company’s registered office in Perth. It was convened under ASX Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act 2001 (Cth), providing the legal framework for shareholder meetings and vote disclosures. All resolutions were decided by poll in line with recommendation 6.4 of the ASX Corporate Governance Council Principles and Recommendations, reflecting best practice governance for Australian listed companies.

Conducting votes by poll ensures each shareholder’s vote is individually recorded and weighted by shareholding, enhancing transparency and accountability. Detailed proxy voting disclosures under Section 251AA further provide market transparency regarding shareholder support for each resolution.

Corporate Structure and Leadership of Resource Minerals International

Resource Minerals International Ltd is an ASX-listed company (ABN 97 008 045 083) headquartered at Level 5, 191 St Georges Terrace, Perth, Western Australia 6000. The company is led by Executive Chairman Asimwe Kabunga, supported by a board including director Trevor Matthews. Investor relations are managed externally, with Ben Jarvis of Six Degrees Investor Relations serving as the primary contact for media and investor communications.

The board comprises executive and non-executive directors, with the Executive Chairman responsible for strategic direction and daily management, while the board oversees governance and strategy. Engaging professional investor relations advisors demonstrates the company’s commitment to effective communication with shareholders during capital management activities such as the ratified placements.

Capital Placement Activity Across Two Tranches Within Six Months

Resource Minerals International raised capital through two placement tranches during late 2025 and early 2026. The December 2025 placement was conducted under ASX Listing Rule 7.1A, allowing equity issuance to non-related parties within prescribed limits without immediate shareholder approval but requiring later ratification. The May 2026 placement fell under Listing Rule 7.1, which permits a standard 10% annual placement capacity, also subject to shareholder ratification.

The company has not disclosed the total capital raised or aggregate shares issued. However, the two-tranche approach indicates a strategic capital management plan balancing flexibility and shareholder engagement. The strong shareholder approvals and related party participation endorsements suggest investors found the capital raises appropriately priced and aligned with the company’s strategic goals.

Investor Relations Contacts and Ongoing Communications

Shareholders and market participants seeking further details on the General Meeting outcomes and capital management may contact Executive Chairman Asimwe Kabunga at [email protected]. Ben Jarvis of Six Degrees Investor Relations is available for external communications at 0413 150 448 or [email protected]. The company’s registered office phone is +61 (0)2 8072 1400, and additional information is accessible via www.resmin.com.au.

These multiple communication channels highlight the company’s commitment to transparent investor relations. Shareholders can request clarifications on resolutions, capital placements, or governance matters. Future updates on operational progress, strategic initiatives funded by these placements, and material developments will be disseminated through these contacts and formal ASX releases to ensure timely shareholder information.

Governance Framework for Related Party Transactions and Shareholder Protections

Approval of related party share issuances to Executive Chairman Asimwe Kabunga and director Trevor Matthews demonstrates adherence to corporate governance standards protecting shareholder interests in management and director capital transactions. Under the Corporations Act 2001 and ASX listing rules, related parties must be disclosed, and material transactions require shareholder approval to prevent conflicts of interest and unfair advantages.

The overwhelming shareholder support exceeding 99.9% affirms confidence in the governance process and fairness of share terms offered to related parties. Proxy voting disclosures, including withheld votes, provide transparency on shareholder sentiment and broad endorsement of these transactions. This strong backing empowers the board to proceed with capital allocations involving key executives and directors with shareholder trust.