Randgold & Exploration: All resolutions pass at AGM

Randgold & Exploration Company Limited (JSE:RNG) announced the successful passage of all resolutions at its annual general meeting held electronically on May 15, 2025. Key resolutions included the re-election of directors PE Burton and JM Kesler, along with their reappointment to the audit and risk committee, as well as the reappointment of RJ Fehrsen to the same committee. Additionally, TS Dube, PE Burton, JM Kesler, M Steyn, and H Gischen were re-appointed to the social and ethics committee. KPMG Inc. was also re-appointed as the company's auditor. Shareholders passed the non-binding advisory votes on the company’s remuneration policy. Special resolutions approving the remuneration of non-executive directors and allowing the company to provide financial assistance under Section 45 of the Companies Act were also approved. Voting results showed overwhelming support for all resolutions, with votes for the resolutions representing 100% of the shares voted at the AGM for several items. The total number of shares in issue as of the AGM date was 74,585,065, with 2,999,893 held as treasury shares.