Venus Metals Announces Director Nomination Deadline of 29 July 2026 Ahead of AGM on 9 September 2026

Venus Metals’ Diverse Exploration Portfolio and Western Australian Focus

Venus Metals Corporation Limited operates as a diversified mineral exploration company with a significant portfolio of projects across Western Australia. Its assets cover multiple commodities such as gold, copper, base metals, lithium, titanium, and vanadium. This broad commodity exposure positions the company prominently within the Australian exploration sector, which remains attractive amid rising global demand for raw materials and energy transition metals. The company's focus on Western Australia leverages the region’s established mining infrastructure, regulatory environment, and rich mineral resources.

In addition to its direct exploration projects, Venus Metals holds a strategic equity stake in Rox Resources Limited, enhancing its portfolio exposure. This investment reflects management’s confidence in selective equity positions within the exploration industry. The company’s registered office is located at Unit 2, 8 Alvan St, Subiaco, Western Australia 6008, situating it within Perth’s mining services and exploration hub, providing access to technical expertise, capital markets, and industry networks relevant to mineral exploration and development.

Director Election Process and 30 Business Day Nomination Deadline

The 2026 AGM will feature director elections as a key agenda item, requiring adherence to formal nomination procedures under ASX Listing Rule 14.3 and the company’s Constitution clause 13.4. The 30 business day nomination period before the AGM ensures shareholders receive timely notice and allows preparation of detailed disclosure materials on director candidates. Setting the nomination deadline for 29 July 2026 guarantees regulatory compliance and sufficient time to compile and distribute the Notice of Annual General Meeting to shareholders and the market.

All valid nominations must be submitted in writing to the company’s registered office by 5:00 PM AWST on 29 July 2026. This formal process ensures thorough vetting and documentation of director candidates within governance frameworks. Shareholders and eligible nominators should consult the company’s Constitution and ASX Listing Rules to understand nomination requirements and eligibility criteria. The forthcoming Notice of Annual General Meeting will provide detailed information on the nomination process, candidate profiles, and voting procedures for the September 2026 meeting.

Current Board Composition and Governance Framework

The current board of Venus Metals includes Peter Charles Hawkins as Non-Executive Chairman, Matthew Vernon Hogan as Managing Director, Kumar Arunachalam as Executive Director, and Simon Coxhell as Non-Executive Director. Patrick Tan serves as Company Secretary. This four-member board balances executive and non-executive roles, providing strategic oversight and management supervision across the company’s exploration portfolio. The combination of executive and independent non-executive directors aligns with governance standards typical for ASX-listed exploration and mining companies, ensuring board-level scrutiny of management.

The upcoming director election offers shareholders the opportunity to evaluate incumbent directors’ suitability or consider new candidates. Changes in board composition can impact company strategy, capital allocation, and stakeholder relations. For exploration companies, shifts may affect technical expertise, corporate development, or investor relations focus. Thus, the nomination process is a vital governance mechanism enabling shareholders to influence board makeup and company direction.

Notice of AGM and Information Release Schedule

Venus Metals will issue a comprehensive Notice of Annual General Meeting to the ASX following the announcement of the meeting date and nomination deadline. This Notice will detail agenda items, director candidate information, voting procedures, and administrative arrangements for the 9 September 2026 meeting. The Notice serves as the formal communication to shareholders, ensuring they have all necessary information to make informed voting decisions and understand their rights at the AGM.

The Notice is typically released several weeks before the AGM, allowing shareholders adequate time to review materials and determine voting positions. It will include disclosures on director candidates’ backgrounds, experience, and any material interests or conflicts. This mandatory ASX disclosure ensures all shareholders receive identical information and timely notice of the meeting’s date, location, time, and business.

Shareholder Engagement and Voting Rights

The 2026 AGM is a critical corporate governance event where shareholders will vote on director elections and other business matters. Shareholders recorded on the company’s register by the record date may attend in person or remotely, submit proxy votes, or appoint representatives. Director elections represent fundamental shareholder rights to approve, re-elect, or replace board members in line with the company’s Constitution and ASX Listing Rules.

When deciding voting positions, shareholders should assess candidates’ experience, technical skills, and strategic vision relative to Venus Metals’ diverse exploration portfolio and corporate goals. Given the company’s exposure to multiple commodities and project locations, board members with broad mineral exploration knowledge and understanding of various markets and geographies are valuable. Shareholders may also consider director tenure, independence, relevant expertise, and alignment with company strategy.

Nomination Criteria and Candidate Eligibility

Individuals or entities nominating director candidates must submit nominations in the prescribed format, including all information required by the company’s Constitution and ASX Listing Rules. The nomination deadline of 5:00 PM AWST on 29 July 2026 is strict; late submissions will be invalid under Listing Rule 14.3. Potential nominees should review the Constitution to confirm eligibility, independence standards, and disclose any material conflicts that could affect candidacy.

The nomination process safeguards election integrity by ensuring all candidates are vetted and disclosed before shareholder voting. Candidates may need to provide biographical details, relevant experience, declarations of independence or relationships with substantial shareholders, and statements on availability and committee participation. These disclosures help shareholders evaluate qualifications and suitability prior to voting, enhancing effective oversight of board composition.

Western Australia’s Strategic Importance to Venus Metals’ Exploration

Venus Metals’ focus on Western Australia capitalizes on the state’s status as a premier mineral province with a rich mining history, advanced infrastructure, and robust regulatory framework. Western Australia hosts significant deposits of gold, copper, lithium, and other minerals, supported by a mature exploration industry with established service providers, technical expertise, and capital markets. The region’s favorable mining regulations and mineral endowment make it an ideal jurisdiction for advancing projects across multiple commodities.

Operating in Western Australia also grants Venus Metals access to specialized exploration services, technical consulting, and industry networks concentrated in Perth and surrounding mining regions. This concentration offers opportunities to identify promising projects, form partnerships, and engage with regional commodity trends. For investors, the company’s Western Australian presence provides exposure to exploration activities in a well-regulated jurisdiction with transparent tenure systems, mitigating certain risks associated with frontier exploration.

Lithium and Energy Transition Metals in Venus Metals’ Asset Mix

Venus Metals’ inclusion of lithium exploration assets positions it within the energy transition metals sector, which has attracted substantial institutional and investment interest. Lithium demand is rising due to growth in electric vehicle manufacturing, energy storage solutions, and renewable energy infrastructure. The company’s diversified portfolio, spanning lithium alongside base metals and gold, offers shareholders exposure to both established and emerging commodity markets driven by multiple demand factors and market cycles.

The portfolio also contains titanium and vanadium projects, expanding exposure to specialty metals with applications in aerospace, energy storage, and advanced manufacturing. These specialty metals serve niche but growing markets, reflecting a strategic balance between traditional commodities and emerging metals with growth potential. This diversified approach provides shareholders with broad commodity and market cycle exposure through a single exploration entity.

Strategic Shareholding in Rox Resources Limited

Venus Metals holds a significant equity stake in Rox Resources Limited, representing a strategic investment beyond its direct exploration assets. This shareholding offers equity exposure to Rox Resources’ exploration activities and corporate results, effectively providing shareholders leveraged participation in Rox Resources’ projects and performance. Such strategic investments can yield returns independent of Venus Metals’ own exploration success and may offer optionality for corporate transactions or joint ventures.

The Rox Resources shareholding adds diversification and investment exposure to Venus Metals’ overall portfolio. It may also provide management with industry insights and opportunities arising within the broader exploration sector. For shareholders, this position enhances Venus Metals’ value proposition, though the investment’s performance and liquidity depend on Rox Resources’ independent market performance.

Commitment to ASX Listing Rule Compliance and Governance Standards

The 2026 AGM structure and director nomination procedures underscore Venus Metals’ dedication to complying with ASX Listing Rules and regulatory governance standards. The mandated 30 business day nomination period under ASX Listing Rule 14.3 is strictly observed, reflecting the company’s commitment to transparent governance and shareholder communication. Adherence to these rules protects shareholder interests by ensuring director elections follow prescribed processes and all relevant information is timely disclosed.

Venus Metals’ approach to AGM announcements, director nominations, and shareholder engagement aligns with standard governance practices for ASX-listed companies. The release of announcements, the forthcoming Notice of Annual General Meeting, and formal nomination protocols operate within regulatory frameworks designed to safeguard shareholder rights and maintain corporate governance integrity. For investors, this compliance provides assurance that the company conducts governance and voting procedures transparently and in accordance with accepted standards.