#Australia #Sydney #Annual General Meeting #lithium mining #PMET Resources

PMET Resources Inc. Highlights from the Annual General Meeting

On September 30, 2026, PMET Resources Inc. conducted its Annual General Meeting (AGM) in Sydney, Australia, following a live audio webcast. The meeting revealed significant shareholder engagement, with approximately 47.6% of the company's outstanding shares represented. This marks a pivotal moment for PMET as it lays out its strategic direction for the upcoming year.

During the AGM, all resolutions proposed in the Management Information Circular dated July 31, 2026, were approved by the required majority. The shareholders voted in favor of all six nominated directors, including key figures Kenneth Brinsden, Pierre Boivin, Aline Côté, Mélissa Desrochers, Brian Jennings, and D. Blair Way. This strong backing underscores shareholders' confidence in the leadership team's vision and capabilities.

Voting Results and Director Elections

The voting results were overwhelmingly positive, reflecting robust shareholder support:

• - Kenneth Brinsden: 91.999% approval
• - Pierre Boivin: 82.608% approval
• - Aline Côté: 92.062% approval
• - Mélissa Desrochers: 89.479% approval
• - Brian Jennings: 92.077% approval
• - D. Blair Way: 90.907% approval

In addition to electing the directors, the meeting also addressed the appointment of PricewaterhouseCoopers LLP as PMET's auditor. This resolution received an impressive 92.674% approval rate, further solidifying trust in the company's financial governance.

Focus on Lithium and Critical Minerals

PMET Resources Inc. is poised for advancement in the critical minerals sector, particularly lithium. The company has been investigating its 100%-owned Shaakichiuwaanaan Property in Quebec, which is anticipated to become a significant player in the North American lithium market. In late 2025, PMET announced the results of a positive lithium-only feasibility study on the CV5 pegmatite, declaring a maiden mineral reserve of 84.3 million tonnes (Mt) at 1.26% lithium oxide (Li2O) with plans for a production capacity of up to 800 kilotonnes per annum.

The strategic focus on this property is augmented by its favorable location, with accessibility year-round via all-season roads and proximity to hydro-power infrastructure. This geographical advantage, combined with the positive feasibility study results, positions PMET as an emerging powerhouse in critical mineral exploration.

Looking Ahead

As PMET Resources Inc. prepares for an ambitious year ahead, it's crucial to note the essential role shareholders play in this journey. The successful AGM not only highlights increasing investor interest but also fosters a shared vision for the company's future in mineral exploration. Further details about the resolutions passed, along with individual voting results, can be found in the report filed on SEDAR under PMET's profile.

As the company advances, it anticipates significant developments, especially in tapping into the potential of tantalum, caesium, and lithium. Through its rigorous and strategic initiatives, PMET aims to solidify its standing as a key contributor in the global critical minerals landscape.

With significant support from shareholders and a clear roadmap ahead, PMET Resources is well-positioned to navigate the evolving market dynamics and capitalize on opportunities in the energy sector.