TRX Gold Reports 2026 Annual Meeting Voting Results

Core Viewpoint - TRX Gold Corporation successfully held its Annual General and Special Meeting, with shareholders voting in favor of all proposed items, reflecting strong support for the company's governance and strategic direction [1]. Group 1: Voting Results - A total of 136,312,808 common shares were voted, representing 47.276% of the issued and outstanding shares [1]. - The number of directors was set at five, with 135,533,107 votes in favor (99.428%) [1]. - Stephen Mullowney was appointed as a director with 93,539,532 votes in favor (99.459%) [1]. - Dr. Norman Betts was appointed as a director with 93,207,054 votes in favor (99.105%) [1]. - Shubo Rakhit was appointed as a director with 93,239,147 votes in favor (99.139%) [1]. - Richard J. Steinberg was appointed as a director with 87,573,142 votes in favor (93.115%) [1]. - John McVey was appointed as a director with 93,324,960 votes in favor (99.231%) [1]. - Dale Matheson Carr-Hilton Labonte LLP was appointed as auditors with 134,524,911 votes in favor (98.688%) [1]. Group 2: Company Overview - TRX Gold is advancing the Buckreef Gold Project in Tanzania, which includes an established open pit operation and a 2,000 tonne per day processing plant [2]. - The Preliminary Economic Assessment (PEA) indicates an average gold production of 62,000 ounces per annum over 17.6 years, with a pre-tax NPV5% ranging from US$1.9 billion to US$2.6 billion at an average life of mine gold price of US$4,000/oz to US$5,000/oz [2]. - The Buckreef Gold Project hosts a Measured and Indicated Mineral Resource of 10.8 million tonnes at 2.57 grams per tonne gold, containing 893,000 ounces of gold, and an Inferred Mineral Resource of 9.1 million tonnes at 2.47 grams per tonne gold for 726,000 ounces of gold [2]. - The leadership team aims to create shareholder value by increasing gold production and funding expansion through positive cash flow, while adhering to high environmental, social, and corporate governance standards [2].