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XSTATE RESOURCES LIMITED — Declaration of Voting Results & Voting Rights Announcements 2026
May 28, 2026
66107_rns_2026-05-28_7430151c-a845-41a1-8738-cc75b06d8f9f.pdf
Declaration of Voting Results & Voting Rights Announcements
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Xstate
RESOURCES
ABN 96 009 217 154
29 May 2026
Announcement to ASX
Electronic lodgement
RESULTS OF ANNUAL GENERAL MEETING
Xstate Resources Limited wishes to advise in accordance with Section 251AA the results of its Annual General Meeting of shareholders held today. Pursuant to ASX Listing Rule 3.13.2, all Resolutions presented at the Annual General Meeting held today were passed by a Poll.
In accordance with Section 251AA(2), the Proxy positions presented at the meeting are attached. Proxies were received from shareholders representing 69,664,830 shares in the Company.
Authorised for lodgement by the Company Secretary
About Xstate Resources Limited
Xstate Resources (ASX:XST) is an ASX listed company focused on the oil and gas sector, focusing on its Diona project located in Queensland, Australia. Xstate owns 51% of the Diona block within ATP 2077. The Company spudded its first well in the Diona block, Diona-1, on 27 September 2025. Elixir Energy Limited (ASX:EXR) retains a 100% beneficial ownership in Blocks A and B.
Xstate Resources Limited | Suite 1101, Level 11, 109 Pitt Street, Sydney NSW 2000
www.xstateresources.com.au
Xstate Resources Limited
Annual General Meeting
Friday 29 May 2026
Results of Annual General Meeting
| Manner in which securityholder directed the proxy vote | Total votes cast by proxy and poll at meeting | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Ordinary Resolution | For | Disc. | Against | Abstain | Total | For | Against | Abstain | Resolution Result |
| 1: Adoption of Remuneration Report | 61,938,863 | 2,541,282 | 3,845,372 | 1,339,313 | 69,664,830 | 75,480,146 | |||
| 95.15% | 3,845,372 | ||||||||
| 4.85% | 1,339,313 | Carried | |||||||
| 2: Re-election of Director – A Childs | 37,210,026 | 2,502,282 | 23,424,789 | 6,527,733 | 69,664,830 | 50,712,309 | |||
| 68.40% | 23,424,789 | ||||||||
| 31.60% | 6,527,733 | Carried | |||||||
| 3: Ratification of Prior Issue of Shares | 62,953,020 | 2,561,282 | 3,800,528 | 350,000 | 69,664,830 | 76,514,303 | |||
| 95.27% | 3,800,528 | ||||||||
| 4.73% | 350,000 | Carried | |||||||
| 4: Ratification of Prior Issue of Options | 63,303,020 | 2,561,282 | 3,800,528 | Nil | 69,664,830 | 76,864,303 | |||
| 95.29% | 3,800,528 | ||||||||
| 4.71% | Nil | Carried | |||||||
| 5: Approval to Issue Director Performance Rights Andrew Bald | 42,998,643 | 2,502,282 | 8,936,700 | 15,227,205 | 69,664,830 | 56,500,926 | |||
| 86.34% | 8,936,700 | ||||||||
| 13.66% | 15,227,205 | Carried | |||||||
| 6: Approval to Issue Director Performance Rights Greg Channon | 42,998,643 | 2,502,282 | 8,936,700 | 15,227,205 | 69,664,830 | 56,500,926 | |||
| 86.34% | 8,936,700 | ||||||||
| 13.66% | 15,227,205 | Carried | |||||||
| 7: Approval to Issue Director Performance Rights Andrew Childs | 24,662,490 | 2,541,282 | 26,806,580 | 15,654,478 | 69,664,830 | 38,203,773 | |||
| 58.77% | 28,806,580 | ||||||||
| 41.23% | 15,654,478 | Carried | |||||||
| 8: Approval to Issue Securities under Incentive Plan | 60,019,879 | 2,522,282 | 3,845,373 | 501,510 | 69,664,830 | 73,542,162 | |||
| 95.03% | 3,845,373 | ||||||||
| 4.97% | 501,510 | Carried | |||||||
| 9: Approval of Listing Rule 7.1A Mandate¹ | 63,258,175 | 2,561,282 | 3,845,373 | Nil | 69,664,830 | 76,819,458 | |||
| 95.23% | 3,845,373 | ||||||||
| 4.77% | Nil | Carried |
¹ Resolution 9 (special resolution pursuant to ASX Listing Rule 7.1A) was passed by a sufficient majority as a special resolution.