Goliath Resources Announces Results of Shareholder Meeting, BOD Exercised Its Discretion Not To Proceed With Consolidation

Core Viewpoint - Goliath Resources Limited held its annual and special meeting of shareholders on January 14, 2026, where all business items were approved, but the Board decided not to proceed with the approved share consolidation [1]. Group 1: Meeting Outcomes - All items of business at the meeting were approved by the requisite majorities [1]. - The consolidation of outstanding common shares on a basis of one (new) for up to seven (old) common shares was approved by shareholders [5]. - Directors Roger Rosmus, Graham Warren, Wayne Isaacs, and Rein Turna were re-elected [5]. - McGovern Hurley LLP was re-appointed as the auditor of the Company [5]. - The omnibus equity incentive plan was re-approved, with certain amendments approved by disinterested shareholders [5]. Group 2: Company Overview - Goliath Resources is focused on exploring precious metals projects in the Golden Triangle of Northwestern British Columbia, with all projects in high-quality geological settings [3]. - The Company completed its largest fully funded drill campaign in 2025, totaling 64,364 meters, with assays pending for 70 gold-only holes and 110 gold equivalent holes [3]. - Goliath is fully funded for a similar-sized drill program in 2026 [3]. - Key strategic shareholders include Crescat Capital, McEwen Inc., Waratah Capital Advisors, and notable individuals such as Rob McEwen and Eric Sprott [3].