SouthGobi Announces Voting Results from Annual Meeting

SouthGobi Resources Ltd. has disclosed the voting outcomes from its Annual and Special General Meeting of shareholders, held on June 26, 2025, in Vancouver. All proposed resolutions were passed with overwhelming support.

Notably, BDO Limited was appointed as the company's auditor, receiving 99.99% approval. The number of directors was set to eight, a motion that was also supported by 99.99% of votes. Ms. Jin Lan Quan and other board nominees were re-elected, each receiving over 99.56% approval.

Additionally, shareholders approved the March 2025 Deferral Agreement with JD Zhixing Fund L.P. This resolution received 99.99% approval. It's important to note that JDZF abstained from voting on this resolution due to its interest in the agreement.

SouthGobi continues its operations in Mongolia, focusing on coal mining and sales, particularly to Chinese markets.