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Austral Gold Announces 2025 Annual General Meeting Results

Shareholder Meetings

Austral Gold Announces 2025 Annual General

Meeting Results

Sydney, Australia--(Newsfile Corp. - May 29, 2025) -

Established gold producer Austral Gold

Limited

(ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) ("

Austral"

or the "

Company

") advises that

shareholders of the Company passed all resolutions in the Notice of Meeting dated 28 April 2025 at the

General Meeting held today at 9:00am (AEST) by way of poll.

As previously announced to the market on 14 April 2025, the Board resolved to appoint BDO Audit Pty

Ltd as the Company's auditor, subject to shareholder approval at the Annual General Meeting. In

accordance with the

Corporations Act 2001

(Cth), shareholders approved the appointment of BDO Audit

Pty Ltd at today's Annual General Meeting.

About Austral Gold

Austral Gold is a growing gold and silver mining producer building a portfolio of quality assets in the

Americas based on three strategic pillars: production, exploration and equity investments. Austral

continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing

and exploration assets.

For more information, please visit the Company's website at

www.australgold.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

Release approved by the Joint Company Secretary, David Hwang.

For additional information please contact:

David Hwang

Joint Company Secretary

Austral Gold Limited

[email protected]

+61 433 292 290

Jose Bordogna

Chief Financial Officer and Joint Company

Secretary

Austral Gold Limited

[email protected]

+61 466 892 307

Forward-Looking Statements

Statements in this news release that are not historical facts are forward-looking statements. Forward-

looking statements are statements that are not historical and consist primarily of projections - statements

regarding future plans, expectations and developments. Words such as "expects", "intends", "plans",

"may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar import tend to

identify forward-looking statements. Forward-looking statements in this news release include Austral

continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing

and exploration assets.

All of these forward-looking statements are subject to a variety of known and unknown risks,

uncertainties and other factors that could cause actual events or results to differ from those expressed or

implied, including, without limitation, uncertainty of exploration programs, development plans and cost

estimates, commodity price fluctuations; political or economic instability and regulatory changes;

currency fluctuations, the state of the capital markets especially in light of the effects of the novel

coronavirus, uncertainty in the measurement of mineral resources and reserves and other risks and

hazards related to the exploration of a mineral property, and the availability of capital. You are cautioned

that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Austral

cannot assure you that actual events, performance or results will be consistent with these forward-looking

statements, and management's assumptions may prove to be incorrect. Austral's forward-looking

statements reflect current expectations regarding future events and operating performance and speak

only as of the date hereof and Austral does not assume any obligation to update forward-looking

statements if circumstances or management's beliefs, expectations or opinions should change other

than as required by applicable law. For the reasons set forth above, you should not place undue reliance

on forward-looking statements.

Austral Gold Limited

Annual General Meeting

Thursday, 29 May 2025

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)

Resolution

Result

Resolution

Resolution

Type

For

Against

Proxy's

Discretion

Abstain

For

Against

Abstain*

Carried /

Not

Carried

1 Adoption of the

Remuneration Report

Ordinary

18,392,510

86.56%

2,757,919

12.98%

97,874

0.46%

281,370,183

18,490,384

87.02%

2,757,919

12.98%

281,370,183

Carried

2 Re-election of Director

- Mr Eduardo Elsztain

Ordinary

301,835,636

99.75%

620,522

0.21%

124,874

0.04%

59,028

302,560,510

99.80%

620,522

0.20%

59,028

Carried

3 Re-election of Director

- Mr Saul Zang

Ordinary

301,835,755

99.77%

575,829

0.19%

124,874

0.04%

103,602

302,560,629

99.81%

575,829

0.19%

103,602

Carried

4 Re-election of Director

Mr Pablo Vergara Del

Carril

Ordinary

301,829,500

99.77%

575,384

0.19%

124,874

0.04%

110,302

302,554,374

99.81%

575,384

0.19%

110,302

Carried

5 Re-election of Director

- Mr Robert Trzebski

Ordinary

301,880,055

99.79%

524,829

0.17%

124,874

0.04%

110,302

302,604,929

99.83%

524,829

0.17%

110,302

Carried

6 Re-election of Director

- Mr Ben Jarvis

Ordinary

301,920,526

99.80%

491,058

0.16%

124,874

0.04%

103,602

302,645,400

99.84%

491,058

0.16%

103,602

Carried

7 Appointment of BDO

Audit Pty Ltd

Ordinary

306,271,065

99.80%

471,020

0.15%

149,638

0.05%

159,532

307,020,703

99.85%

471,020

0.15%

159,532

Carried

8 Grant of Security

Interest (As part of a

Loan Agreement) to a

Substantial Holder and

Related Party

Ordinary

18,192,512

84.40%

3,213,690

14.91%

149,638

0.69%

281,084,220

18,942,150

85.50%

3,213,690

14.50%

281,084,220

Carried

9 Approval of 10%

Capacity to Issue Equity

Securities

Special

297,945,155

99.57%

1,135,527

0.38%

149,638

0.05%

3,409,740

298,694,793

99.62%

1,135,527

0.38%

3,409,740

Carried

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

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/253816