GBM Resources Limited (ASX:GBM)

GBM Resources Limited (ASX: GBM) issued a Notice of Annual General Meeting and Proxy Form dated 14 October 2026 for its AGM to be held physically at 10:00am (AWST) on 17 November 2026 at 28 The Esplanade, Perth, Western Australia, with shareholders registered by 5:00pm (AWST) on 15 November 2026 eligible to vote and proxies due by 10:00am (AWST) on 15 November 2026. The notice covers consideration of the annual report for the financial year ended 30 June 2026 and six resolutions: adoption of the non-binding remuneration report; re-election of directors Andrew Krelle and Peter Fox; approval of an additional 10% placement capacity under ASX Listing Rule 7.1A; a 1-for-20 consolidation of shares and options; and election of shareholder-nominated, non-board-endorsed candidate Stephen Mayne as director. The document explains that the additional placement capacity would supplement the company’s standard 15% placement capacity and may be used for cash funding of continued exploration and development of GBM’s Drummond Basin gold projects in Queensland, business development activities and working capital. It also outlines that the proposed consolidation would reduce issued shares from about 4.91 billion to about 245.42 million and reduce 437.2 million options to about 21.86 million with corresponding exercise price adjustments. The board recommends voting in favour of resolutions 1 to 5 and against resolution 6, and the proxy form states the chair intends to vote undirected proxies accordingly.