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Ionic Rare Earths Limited (ASX:IXR)

ALERT: Price-sensitive ASX Announcement for IXR
Current share price for IXR : $0.315 0.298 (1,752.94%)+
Announcement
Release
29 Oct 2025 10:05AM
Price at Release
$0.017
Full Release
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Summary
The document details the 2025 Annual General Meeting (AGM) Notice and Proxy for Ionic Rare Earths Limited, scheduled for 28 November 2025. The AGM will address key resolutions including the adoption of the Remuneration Report for the financial year ended 30 June 2025, the election of Sufian Ahmad as a director, and the approval of a 10% placement capacity for equity securities. It also discusses the share consolidation proposal, which would reduce the number of shares on issue on a 30 to 1 basis while maintaining shareholders' proportional interests. Additionally, the document outlines the use of funds, risks of economic and voting dilution, and proxy instructions for voting. Shareholders are encouraged to vote and are provided with various methods to submit their proxy forms.
Key Points
  • AGM scheduled for 28 November 2025 at Baker McKenzie in Melbourne.
  • Adoption of Remuneration Report for year ended 30 June 2025.
  • Election of Sufian Ahmad as a director.
  • Approval of 10% placement capacity for equity securities.
  • Share consolidation proposal on a 30 to 1 basis.
  • Discussion on use of funds and associated risks.
  • Instructions for proxy voting provided.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.