Melbana Energy shareholders ratify prior share issue at EGM

Melbana Energy Limited announced that shareholders passed a resolution at its extraordinary general meeting held on October 15, 2025. The resolution, concerning the ratification of a prior issue of shares under a placement, was carried by way of a poll.

Proxy votes received ahead of the meeting showed strong support, with 687,469,074 votes (51.95%) "For" the resolution, 572,219,685 votes (43.24%) "Against," and 63,638,890 votes (4.81%) left to the proxy's discretion. A total of 17,269,794 votes abstained.

During the poll, the resolution saw 751,107,964 votes (56.76%) "For" and 572,219,685 votes (43.24%) "Against," with 17,269,794 abstaining votes not counted in the majority calculation. The board of directors approved the announcement for release. Investors can contact uno makotsvana, cfo and company secretary, for further information.