Exhibit 99.1
PRESS RELEASE | NASDAQ: IPX | ASX: IPX March 26, 2024 |
RESULTS OF GENERAL MEETING
IperionX Limited (NASDAQ: IPX, ASX: IPX) (“IperionX” or “Company”) advises that a General Meeting of Shareholders was held today, March 26, 2024, at 9.00am (AWST).
The resolutions voted on were in accordance with the Notice of General Meeting previously advised to the Australian Securities Exchange (“ASX”).
All resolutions were decided on and carried by way of a poll.
In accordance with Section 251AA of the Corporations Act 2001 and ASX Listing Rule 3.13.2, the details of the poll and the proxies received in respect of each resolution are set out in the attached summary.
This announcement has been authorized for release by the Company Secretary.
For further information and enquiries please contact:
info@iperionx.com
+1 704 461 8000
www.iperionx.com
North Carolina | Tennessee | Virginia | Utah |
129 W Trade Street, Suite 1405 Charlotte, NC 28202 | 279 West Main Street Camden, TN 38320 | 1080 Confroy Drive South Boston, VA 24592 | 1782 W 2300 S West Valley City, UT 84119 |
IperionX Limited
General Meeting
March 26, 2024
Resolution | Number of Proxy Votes | Number of Votes cast on the Poll | Result | |||||
For | Against | Proxy’s Discretion | Abstain | For | Against | Abstain | ||
1. Ratify the Issue of Shares under the Placement | 11,504,256 | 145,783 | 40,000 | 54,573,720 | 11,781,728 (98.78%) | 145,783 (1.22%) | 54,573,720 | Carried on vote by poll |
2. Issue of RSUs to Mr Todd Hannigan | 59,992,524 | 5,723,353 | 40,000 | 507,882 | 60,032,524 (91.30%) | 5,723,353 (8.70%) | 745,354 | Carried on vote by poll |
3. Issue of RSUs to Mr Anastasios Arima | 56,001,920 | 5,717,953 | 40,000 | 4,498,886 | 56,041,920 (90.74%) | 5,717,953 (9.26%) | 4,736,358 | Carried on vote by poll |