Notice of Annual General Meeting/Proxy Form
Released
Released
Announcement PDF
EMU NL
ACN 127 291 927
NOTICE OF ANNUAL GENERAL MEETING
AND
EXPLANATORY STATEMENT
AND
PROXY FORM
Date of Meeting
Wednesday 25 November 2026
Time of Meeting
10:00 am (AEST)
Place of Meeting
HopgoodGanim Lawyers
Level 10
360 Queen Street
Brisbane QLD 4000
This Notice of Annual General Meeting should be read in its entirety.
If Shareholders are in doubt as to how they should vote, they should seek advice from their accountant,
solicitor or other professional adviser prior to voting.
The 2026 Annual Report may be viewed on the Company’s website at www.emunl.com.au
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EMU NL
NOTICE OF ANNUAL MEETING to be held Wednesday 25 November 2026
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EMU NL
ACN 127 291 927
NOTICE OF ANNUAL GENERAL MEETING
Notice is hereby given that the 2026 annual general meeting of Emu NL (Company) will be held at
HopgoodGanim Lawyers, Level 10, 360 Queen Street Brisbane QLD 4000 on Wednesday 25 November 2026 at
10:00 am AEST (Meeting) for the purpose of transacting the following b usiness, in each case, as more
particularly described in the Explanatory Statement accompanying this Notice.
Capitalised terms and abbreviations used in this Notice and Explanatory Statement are defined in the Glossary.
All Resolutions will be conducted by poll.
2026 FINANCIAL STATEMENTS AND REPORTS
To receive and consider the Financial Report, together with the Directors’ Report and the Auditor's Report, for
the financial year ended 30 June 2026.
RESOLUTION 1 – ADOPTION OF REMUNERATION REPORT
To consider and, if thought fit, to pass, with or without amendment, the following advisory only resolution:
"That, for the purpose of section 250R(2) of the Corporations Act, and for all other purposes, the Remuneration
Report forming part of the Company’s 2026 Annual Report be adopted."
Note: the vote on this Resolution is advisory only and does not bind the Directors or the Company. If a 'no'
vote of 25% or more is received on this Resolution, Resolution 9 will be put to Shareholders.
Voting prohibition: In accordance with the Corporations Act, the Company will disregard any votes cast on Resolution 1:
(a) by or on behalf of a member of the Key Management Personnel, details of whose remuneration are included in the Remuneration
Report, or their Closely Related Parties, regardless of the capacity in which the votes are cast; or
(b) by a person who is a member of the Key Management Personnel at the date of the Meeting, or their Closely Related Parties, as a
proxy.
However, the Company will not disregard a vote if the vote is cast as a proxy for a person entitled to vote on Resolution 1:
(a) in accordance with a direction as to how to vote on the Proxy Form; or
(b) by the Chair pursuant to an express authorisation to exercise the proxy even if Resolution 1 is connected directly or indirectly with
the remuneration of a member of Key Management Personnel.
RESOLUTION 2 – ELECTION OF JAMES KNOWLES AS A DIRECTOR
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary
resolution:
"That, for the purposes of clause 69.2 of the Constitution, ASX Listing Rule 14.4 and for all other purposes, Mr
James Knowles, a Director who was appointed on 1 December 2025, retires, and being eligible, is elected as a
Director.”
RESOLUTION 3 – RE-ELECTION OF PETER SWIRIDIUK AS A DIRECTOR
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary
resolution:
"That, for the purpose of article 73.1 of the Constitution, Listing Rule 14.4 and for all other purposes, Mr Peter
Swiridiuk retires by rotation as a Director, and being eligible and having offered himself for re-election, is re-
elected as a Director."
RESOLUTION 4 – ISSUE OF ATTACHING OPTIONS TO PLACEMENT INVESTORS
To consider and, if thought fit, to pass, with or without amendment, the following as an ordinary resolution:
EMU NL
NOTICE OF ANNUAL MEETING to be held Wednesday 25 November 2026
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“That for the purposes of Listing Rule 7.1 and for all other purposes, approval is given for the Company to issue
up to 19,500,000 Options on the terms and conditions set out in the Explanatory Statement.”
Voting Exclusion: For the purposes of Listing Rule 7.3, the Company will disregard any votes cast on this Resolution by a person who is
expected to participate in, or who will obtain a material benefit as a result of, the proposed issued (except a benefit solely by reason of
being a holder of ordinary securities in the entity) and any associates of such a person or persons.
However, the Company will not disregard a vote cast by:
(a) a person as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form;
(b) the person chairing the meeting as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form
to vote as the proxy decides; or
(c) a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following
conditions are met:
(i) the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an
associate of a person excluded from voting, on the resolution; and
(ii) the holder votes on the resolution in accordance with directions given by the beneficiary to the holder to vote in that way.
RESOLUTION 5 – APPROVAL OF INCENTIVE AWARDS PLAN
To consider and, if thought fit, to pass, with or without amendment, the following as an ordinary resolution:
“That for the purposes of Listing Rules 7.2 (Exception 13(b)) and sections 200B and 200E of the Corporations Act
and for all other purposes, Shareholders approve the employee incentive scheme of the Company known as the
“EMU Incentive Awards Plan” (Plan), the issue of Equity Securities under that Plan, on the terms and conditions
set out in the Explanatory Statement.”
Voting exclusion: The Company will disregard any votes cast in favour of the Resolution by or on behalf of a person who is eligible to
participate in the Plan, or any Associate of that person or those persons.
However, the Company will not disregard a vote cast by:
(a) a person as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form;
(b) the person chairing the meeting as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form
to vote as the proxy decides; or
(c) a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following
conditions are met:
(i) the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an
associate of a person excluded from voting, on the resolution; and
(ii) the holder votes on the resolution in accordance with directions given by the beneficiary to the holder to vote in that way.
Voting Prohibition Statement: In accordance with section 250BD of the Corporations Act, a person appointed as a proxy must not vote,
under that appointment as a proxy on this Resolution if:
(a) the proxy is either:
(i) a member of the Key Management Personnel; or
(ii) a Closely Related Party of such a member; and
(b) the appointment does not specify the way the proxy is to vote on this Resolution.
However, the above prohibition does not apply if:
(a) the proxy is the Chair; and
(b) the appointment expressly authorises the Chair to exercise the proxy even if the Resolution is connected directly or indirectly with
remuneration of a member of the Key Management Personnel.
RESOLUTION 6 – APPROVAL TO ISSUE PERFORMANCE RIGHTS TO MANAGING DIRECTOR DOUG GREWAR (OR
NOMINEE) UNDER THE PLAN
To consider and, if thought fit, to pass, with or without amendment, the following as an ordinary resolution:
“That for the purposes of Listing Rule 10.14 and for all other purposes, Shareholders approve the issue to
Managing Director Doug Grewar (or his nominee) 2,500,000 Performance Rights under the Plan as described in
the Explanatory Statement (MD Rights).”
Voting exclusion: The Company will disregard any votes cast in favour of this Resolution by or on behalf of a person referred to in ASX
Listing Rules 10.14.1, 10.14.2 or 10.14.3 who is eligible to participate in the IPIP, or any Associate of that person or persons.
However, the Company will not disregard a vote cast by:
(a) a person as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form;
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NOTICE OF ANNUAL MEETING to be held Wednesday 25 November 2026
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(a) the person chairing the meeting as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form
to vote as the proxy decides; or
(b) a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following
conditions are met:
(i) the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an
associate of a person excluded from voting, on the resolution; and
(ii) the holder votes on the resolution in accordance with directions given by the beneficiary to the holder to vote in that way.
Voting prohibition – Proxy Voting: A person appointed as a proxy must not vote, on the basis of that appointment, on this Resolution if:
(a) the proxy is either:
(i) a member of the Key Management Personnel; or
(ii) a Closely Related Party of such a member; and
(b) the appointment does not specify the way the proxy is to vote on this Resolution.
However, the above prohibition does not apply if:
(a) the proxy is the Chair; and
(b) the appointment expressly authorises the Chair to exercise the proxy even though this Resolution is connected directly or indirectly
with remuneration of a member of the Key Management Personnel.
RESOLUTION 7 – APPROVAL OF POTENTIAL TERMINATION BENEFITS IN RELATION TO MD RIGHTS
To consider and, if thought fit, to pass, with or without amendment, the following as an ordinary resolution:
“That, for the purposes of ASX Listing Rule 10.19 and sections 200B and 200E of the Corporations Act and for all
other purposes, Shareholders approve the potential termination benefits to be given, provided or paid to
Managing Director Doug Grewar (or his nominee) in relation to the MD Rights the subject of Resolution 6, as
described in the Explanatory Statement.”
Voting exclusion: The Company will disregard any votes cast in favour of this Resolution by or on behalf of Managing Director Doug
Grewar (or his nominee) or any associate of that person or persons.
However, the Company will not disregard a vote cast by:
(a) a person as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form;
(b) the person chairing the meeting as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form
to vote as the proxy decides; or
(c) a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following
conditions are met:
(i) the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an
associate of a person excluded from voting, on the resolution; and
(ii) the holder votes on the resolution in accordance with directions given by the beneficiary to the holder to vote in that way.
Voting Prohibition Statement: A person voted as a proxy must not vote, on the basis of that appointment, on this Resolution if:
(a) the proxy is either:
(i) a member of the Key Management Personnel; or
(ii) a Closely Related Party of such a Member; and
(b) the appointment does not specify the way the proxy is to vote on this Resolution.
However, the prohibition does not apply if:
(a) the proxy is the Chair; and
(b) the appointment expressly authorises the Chair to exercise the proxy even though this Resolution is connected directly or indirectly
with remuneration of a member of the Key Management Personnel.
Voting Prohibition Statement: In accordance with Section 200E(2A) and 200E(2B) of the Corporations Act, a vote must not be cast in
favour of this Resolution (in any capacity) by or on behalf of Mr Grewar or his Associates. However, this does not prevent the casting of a
vote on this Resolution if it cast by a person as proxy appointed in writing that specifies how the proxy is to vote on this Resolution and it
not caste on behalf of Mr Grewar or his Associates.
RESOLUTION 8 – APPROVAL OF 10% PLACEMENT FACILITY
To consider and, if thought fit, to pass, with or without amendment, the following resolution as a special
resolution:
EMU NL
NOTICE OF ANNUAL MEETING to be held Wednesday 25 November 2026
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"That in accordance with Listing Rule 7.1A and for all other purposes, Shareholders approve the issue of Equity
Securities of up to 10% of the issued capital of the Company (at the time of the issue) calculated in accordance
with the formula prescribed in Listing Rule 7.1A.2 and on the terms and conditions in the Explanatory Statement."
Voting exclusion: If at the time of the Meeting, the Company is proposing to make an issue of Equity Securities under the 10% Placement
Facility, by or on behalf of any persons who are expected to participate in, or who will obtain a material benefit asa result of, the proposed
issue (except a benefit solely by reason of being a Shareholder), or any associate of that person or persons.
However, the Company will not disregard a vote cast by:
(a) a person as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form;
(b) the person chairing the meeting as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form
to vote as the proxy decides; or
(c) a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following
conditions are met:
(i) the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an
associate of a person excluded from voting, on the resolution; and
(ii) the holder votes on the resolution in accordance with directions given by the beneficiary to the holder to vote in that way.
RESOLUTION 9 – BOARD SPILL (CONDITIONAL RESOLUTION)
Note: This Resolution will only be put to the Meeting and be effective if at least 25% of the votes validly cast on
Resolution 1 (Remuneration Report) are against that Resolution. In the event that this Resolution 9 is put and you
do NOT want a spill meeting to take place, you should vote “against” this Resolution.
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary
resolution:
“That, subject toand conditional on at least 25% ofthe votes cast on Resolution 1 being castagainst the adoption
of the Remuneration Report for the year ended 30 June 2026:
an extraordinary general meeting of the Company (Spill Meeting) be held within 90 days of the passing of this
resolution;
all of the Directors (other than any Managing Director) in office when the resolution to make the Directors’
Report for the year ended 30 June 2026 was not passed and who remain in office at the time of the Spill
Meeting, cease to hold office immediately before the end of the Spill Meeting; and
resolutions to appoint persons to offices that will be vacated immediately before the end of the Spill Meeting
be put to the vote at the Spill Meeting.”
Note: the Chairman intends to vote all available proxies against this Resolution
Voting Prohibition Statement: A vote on this Resolution must not be cast (in any capacity) by or on behalf of the following persons:
(a) a member of the Key Management Personnel, details of whose remuneration are included in the Remuneration Report; or
(b) a Closely Related Party of such a member.
However, a person (the voter) described above may cast a vote on this Resolution as a proxy if the vote is not cast on behalf of a person
described above and either:
(a) the voter is appointed as a proxy by writing that specifies the way the proxy is to vote on the Resolution; or
(b) the voter is the Chair and the appointment of the Chair as proxy:
(i) does not specify the way the proxy is to vote on this Resolution; and
(ii) expressly authorises the Chair to exercise the proxy even though this Resolution is connected directly or indirectly with the
remuneration of a member of the Key Management Personnel.
OTHER BUSINESS
To deal with any other business that may be brought forward in accordance with the Constitution and the
Corporations Act.
EMU NL
NOTICE OF ANNUAL MEETING to be held Wednesday 25 November 2026
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PROXIES
A Proxy Form is attached to the Notice. This is to be used by Shareholders if they wish to appoint a proxy to vote
on their behalf. All Shareholders are invited and encouraged to attend the Meeting or, if they are unable to attend
in person, sign and return the Proxy Form to the Company in accordance with the instructions on the form.
Lodgement of a Proxy Form will not preclude a Shareholder from attending and voting at the Meeting in person.
Please note that:
a member of the Company entitled to attend and vote at the Meeting is entitled to appoint a proxy;
a proxy need not be a member of the Company; and
a member of the Company entitled to cast two or more votes may appoint one or two proxies and if
appointing two may specify the proportion or number of votes each proxy is appointed to exercise, but where
the proportion or number is not specified, each proxy may exercise half of the votes.
If you are a registered Shareholder of the Company and are unable to attend the Meeting in person, please date
and execute the accompanying Proxy Form and return it in accordance with its instructions prior to 10:00 am
(AEST) on Monday 23 November 2026 by:
1. post to Xcend Pty Ltd, PO Box RQ905, Royal Exchange NSW 1225;
2. email at meetings@xcend.co; or
3. online at https://investor.xcend.app/sha.
If you are a beneficial Shareholder and receive these materials through your broker or through another
intermediary, please complete and return the Proxy Form or voting instruction form in accordance with the
instructions provided to you by your broker or by the other intermediary.
ENTITLEMENT TO VOTE
For the purposes of regulation 7.11.37 of the Corporations Regulations 2001, the Company determines that
members holding Shares at 7.00pm (AEST) on Monday 23 November 2026 will be entitled to attend and vote at
the Meeting.
CORPORATIONS
A corporation may elect to appoint a representative in accordance with the Corporations Act, in which case the
Companywillrequirewritten proofoftherepresentative's appointment, whichmustbelodgedwith,orpresented
to the Company, before the Meeting.
ELECTRONIC COMMUNICATION
All Shareholders may, and are encouraged to, elect to receive communications from the Company’s share
registry electronically. To provide or update your email address, please contact the Company’s share registry.
REVOCATION OF PROXIES
A Shareholder executing and delivering a proxy has the power to revoke it in accordance with the provisions of
the Corporations Act, which provides that every proxy may be revoked by an instrument in writing executed by
the Shareholder or by his or her attorney authorised in writing and delivered either to the registered office of the
Company at any time up to and including the last business day preceding the day of the Meeting, or any
adjournment thereof atwhich theproxyistobeused,ortotheChair onthedayoftheMeetingoranyadjournment
thereof, or in any other manner permitted by law.
VOTING OF PROXIES
The Proxy Form accompanying this Notice confers discretionary authority upon the proxy with respect to any
amendments or variations to the matters identified in the Notice of Meeting and any other matters that may
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NOTICE OF ANNUAL MEETING to be held Wednesday 25 November 2026
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properly come before the Meeting. At the time of printing this Notice, management knows of no such
amendment, variation or other matter.
Shareholders must mark the boxes directing its proxy how to vote. If no voting instructions are indicated on the
Proxy Form, the proxy will be voted as recommended by management or as the proxyholder sees fit (in the latter
case, if management is not appointed as proxy).
By Order of the Board.
Electronic signature affixed with approval
Rudolf Tieleman
Company Secretary
Date: 26 October 2026
EMU NL
GLOSSARY
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This Explanatory Statement has been prepared for the Shareholders of the Company in connection with the
business to be conducted at the annual general meeting of the Company to be held at HopgoodGanim Lawyers,
Level 10, 360 Queen Street Brisbane QLD 4000 on Wednesday 25 November 2026 commencing at 10:00 am
(AEST) and any adjournment thereof.
The purpose of this Explanatory Statement is toprovide Shareholders with all information known to the Company
that is material to a decision on how to vote on the Resolutions in the accompanying Notice.
This Explanatory Statement should be read in conjunction with the Notice. Capitalised terms in this Explanatory
Statement are defined in the Glossary.
All Resolutions will be conducted by poll.
FINANCIAL STATEMENTS AND REPORTS
In accordance with section 317 of the Corporations Act, Shareholders will be offered the opportunity to discuss
theAnnual Report, including the Financial Report, the Directors' Report and the Auditor's Report, for the financial
year ended 30 June 2026.
There is no requirement for Shareholders to approve the Annual Report.
At the Meeting, Shareholders will be offered a reasonable opportunity to:
(a) discuss the Annual Report which is available online from the Company’s website www.emunl.com.au;
(b) ask questions about, or comment on, the management of the Company; and
(c) ask the auditor questions about the conduct of the audit, the preparation and content of the Auditor’s
Report, accounting policies adopted by the Company in relation to the preparation of the financial
statements and the independence of the auditor in relation to the conduct of the audit.
In addition to taking questions at the Meeting, written questions to the Company’s auditor if the question is
relevant to:
(a) the content of the Auditor’s Report; or
(b) the conduct of the audit of the Annual Report to be considered at the Meeting,
may be submitted no later than 5 business days before the Meeting at the Company's office or emailed to
www.info@emunl.com.au.
1. RESOLUTION 1 – ADOPTION OF REMUNERATION REPORT
1.1 General
In accordance with subsection 250R(2) of the Corporations Act, the Company must put the Remuneration
Report to the vote of Shareholders. The Directors' Report contains the Remuneration Report which sets out the
remuneration policy for the Company and the remuneration arrangements in place for the Key Management
Personnel.
The Remuneration Report has been sent to Shareholders who have made an election to receive the Annual
Report. Copies of the Annual Report are available by contacting the Company’s share registry or visiting the
Company’s web site www.emunl.com.au.
In accordance with subsection 250R(3) of the Corporations Act, Resolution 1 is advisory only and does not bind
the Directors. If Resolution 1 is not passed, the Directors will not be required to alter any of the arrangements in
the Remuneration Report. However, as the Company's Remuneration Report received a 'no' vote of more than
25% (Strike) at the 2025 AGM, if the Remuneration Report receives a Strike at this Meeting, the Company will be
required to put Resolution 9 to Shareholders (Spill Resolution) on whether another meeting should be held
(within 90 days) at which all Directors (other than the managing director) who were in office at the date of
approval of the applicable Directors' Report must stand for re-election.
EMU NL
GLOSSARY
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The Chair will allow a reasonable opportunity for Shareholders to ask about, or make comments on, the
Remuneration Report.
Resolution 1 is an ordinary resolution, requiring it to be passed by a simple majority of votes cast by the
Shareholders present and eligible to vote (in person, by proxy, by attorney or, in the case of a corporate
Shareholder, by a corporate representative).
1.2 Voting on the Remuneration Report
Please refer to the voting prohibition set out in the Notice for the persons who are not entitled to vote on
Resolution 1.
The Chair intends to exercise all available proxies in favour of Resolution 1.
If the Chair is appointed as your proxy and you have not specified the way the Chair is to vote on Resolution 1, by
signing and returning the Proxy Form, you are considered to have provided the Chair with an express
authorisation forthe Chair to vote the proxy in accordance with the Chair's intention, even though the Resolution
is connected directly or indirectly with the remuneration of a member of the Key Management Personnel of the
Company.
1.3 Directors’ recommendation
The Directors recommend that Shareholders vote in favour of Resolution 1.
2. RESOLUTION 2 – ELECTION OF JAMES KNOWLES AS A DIRECTOR
2.1 General
Clause 69.1 of the Constitution allows the Directors to appoint at any time a person to be a Director as an
addition to the existing Directors, but only where the total number of Directors does not at any time exceed the
maximum number specified by the Constitution.
Any Director so appointed holds office only until the next following annual general meeting and is then eligible
for election but shall not be taken into account in determining the Directors who are to retire by rotation (if any)
at that meeting.
ASX Listing Rule 14.4 provides that a Director appointed to fill a casual vacancy or as an addition to the Board
must not hold office (without re-election) past the next annual general meeting.
Mr James Knowles, appointed by the Board as a Director on 1 December 2025, will retire in accordance with
clause 69.2 of the Constitution and ASX Listing Rule 14.4 at the Meeting and, being eligible, seeks election.
2.2 Director’s biography and experience
Mr Knowles is a geologist with more than 28 years of industry experience and a strong track record in integrating
geology and technical knowledge into the development of mining projects. His career includes exploration,
project development, operation and technical leadership roles across a range of commodities, styles of
mineralisation and mining methods.
Mr Knowles is a Founder and Technical Director of Measured Group, a respected consulting firm that provides
technical and advisory services to exploration, development and mining companies. In this role, he leads
multidisciplinary teams that deliver geology, mining, studies, transaction advisory, due diligence and
operational optimisation projects,
Prior to Measured Group, Mr Knowles held senior roles at BHP Billiton and Peabody Energy. Mr Knowles holds a
Bachelor of Science (Geology) and is a member of the AusIMM and AIG.
2.3 Independence
The Board considers Mr Knowles to be an Independent Director,
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GLOSSARY
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2.4 Directors’ recommendation
All the Directors consider that Resolution 2 is in the best interests of the Company, as Mr Knowles’ skills,
knowledge and experience of mining and exploration geology is valuable to the Company. All the Directors,
except Mr Knowles, who has an interest in this Resolution, recommend that Shareholders vote in favour of
Resolution 2.
3. RESOLUTION 3 – RE-ELECTION OF PETER SWIRIDIUK AS A DIRECTOR
3.1 General
Clause 73.1 of the Constitution requires that at the Company’s annual general meeting in every year, one-third
of the Directors for the time being, or, if their number is not a multiple of 3, then the nearest one-third (rounded
upwards in case of doubt), shall retire from office, provided always that no Director (except a Managing Director)
shall hold office for a period in excess of 3 years, or until the third annual general meeting following their
appointment, whichever is the longer, without submitting themselves for re-election.
The Directors to retire at an annual general meeting are those who have been longest in office since their last
election, but, as between persons who became Directors on the same day, those to retire shall (unless they
otherwise agree among themselves) be determined by drawing lots.
ASX Listing Rule 14.4 provides that a Director must not hold office (without re-election) past the third annual
general meeting following the Director’s appointment or 3 years, whichever is longer.
A Director who retires by rotation under clause 73 of the Constitution is eligible for re-election.
The Company currently has 2 Directors (excluding Douglas Grewar, who is the Managing Director, and James
Knowles who is seeking election pursuant to Resolution 2). Mr Anderson and Mr Peter Swiridiuk were last re-
elected at the 2025 Annual General Meeting held on 28 November 2025.
It has been agreed that Mr Swiridiuk will retire by rotation and seek re-election.
3.2 Director’s biography and experience
Mr Swiridiuk has more than 36 years’ experience in the exploration and mining industry, including 15 years’
experience as a company director across ASX-listed resource companies, with a technical and commercial
focus on copper, gold, silver, platinum, diamonds, rare earths, niobium, and coal.
Mr Swiridiuk served as Managing Director of Coppermoly Limited (ASX:COY) following its IPO, overseeing
exploration and development activities in Papua New Guinea and Australia, and negotiating a joint venture and
farm-out agreement with Barrick Gold Corporation. During his tenure, Mr Swiridiuk secured more than $40
million in project funding and advanced multiple copper-gold projects to feasibility stage.
Mr Swiridiuk has also held non-executive directorships with Frontier Resources Limite
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