North Mining Shares Company Limited Announces Poll Results of Special General Meeting Held on 13 March 2026

Key Points from the SGM Announcement

• Special General Meeting (SGM) successfully held: The SGM took place on 13 March 2026, as previously announced by North Mining Shares Company Limited.
• Approval of Key Transaction: The sole proposed ordinary resolution, concerning the approval, confirmation, and ratification of the Sale and Purchase Agreement (as amended by the Supplemental Agreement) and all transactions contemplated thereunder, was unanimously passed by shareholders present at the meeting.
• 100% Shareholder Support: All 4,950,884,815 votes cast at the SGM were in favour of the resolution, with no votes against the proposal. This represents strong and unified shareholder backing for the transaction.
• Share Capital Details: As of the meeting date, the Company had 15,002,140,397 shares in issue, all of which were eligible to vote on the resolution.
• No Abstentions or Required Abstentions: No shareholders were required to abstain from voting under the Listing Rules, and no shares were subject to abstention requirements under Rule 13.40 of the Listing Rules. Furthermore, no shareholders indicated an intention to vote against or abstain from the resolution in the earlier circular.
• Board Attendance: Three directors (Mr. Qian Yi Dong, Mr. Shen Jian, Mr. Shek Man Ho) attended the SGM in person or electronically. The Chairman, Mr. Yang Ying Min, and other directors were unable to attend due to work commitments.

Important and Potentially Price-Sensitive Information for Shareholders

• Shareholder Approval of Major Transaction: The passing of this resolution means that the Sale and Purchase Agreement, a significant transaction for North Mining Shares, is now fully ratified and authorised. Such corporate actions frequently have a direct impact on a company’s financial and strategic trajectory, and therefore, on its share price.
• No Dissent Among Shareholders: The 100% approval rate signals robust confidence in the Board’s strategy and the transaction itself. This level of shareholder unanimity is rare and may be viewed positively by the market.
• Next Steps: The resolution authorises any director to execute all necessary documents and actions to implement the transaction, paving the way for prompt execution of the approved deal.

Detailed SGM Results Table

Additional Information

• Company Share Registrar: Tricor Investor Services Limited acted as scrutineer for the poll.
• Current Board Composition:
  • Executive Directors: Mr. Yang Ying Min, Mr. Qian Yi Dong, Mr. Huang Zhidan, Mr. Shen Jian, Ms. Qian Si Qun
  • Independent Non-executive Directors: Mr. Shek Man Ho, Mr. Shen Ming Jie, Mr. Feng Jia Wei

What Investors Should Watch

The successful passage and immediate authorisation of the Sale and Purchase Agreement could have a significant impact on North Mining Shares Company Limited’s future business operations, financial performance, and strategic direction. Investors should closely monitor upcoming announcements and disclosures relating to the actual implementation and results of the transaction, as well as any additional information about the nature and scale of the Sale and Purchase Agreement itself.

The absence of any shareholder dissent or abstention suggests a high level of trust in the Board’s leadership and vision. Such developments are often perceived positively by the market and can influence share valuation.

Disclaimer: This article is provided for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own research and consult their financial advisors before making any investment decisions. The information presented reflects the content of the official announcement and may be subject to updates or clarifications by the company.

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