CHAMPION IRON REVEALS VOTING OUTCOMES FROM FY2025 ANNUAL GENERAL MEETING
Annual General Meeting Results: Champion Iron Limited held its Annual General Meeting on August 27, 2025, where all resolutions were passed, but the Remuneration Report received a significant number of votes against, marking a "first strike" under Australian law.
Voting Details: The Remuneration Report was approved with 62.39% in favor, while other resolutions, including the re-election of directors, received overwhelming support, with most directors securing over 90% approval.
Shareholder Participation: Approximately 77.86% of the issued ordinary shares of the Company were represented at the meeting, either in person or by proxy.
Company Overview: Champion Iron operates the Bloom Lake Mining Complex in Québec and is investing to enhance its iron ore production capacity, aiming for higher-grade products and expanding its market reach globally.
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