Result of General Meeting

Talon Resources PLC

22 June 2026

 

Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon publication of this Announcement, this information is now considered to be in the public domain. The Directors of the Company are responsible for the release of this announcement.

22 June 2026

Talon Resources plc

("Talon" or the "Company")

Result of General Meeting

Talon Resources PLC (AIM: TAR), the North American gold exploration company, announced on 28 May 2026 the publication of its Admission Document in respect of its proposed admission of its ordinary shares ("Ordinary Shares") to trading on the AIM Market ("AIM") of the London Stock Exchange ("Admission") and cancellation of the admission of its Ordinary Shares to trading on the Main Market of the London Stock Exchange ("Cancellation").

General Meeting

The Company is pleased to announce that, at the General Meeting held earlier today, all resolutions were duly passed, and that the acquisition of 90 per cent. of Wedgetail Mining Corp, holder of the Eagle Lake old project, is subject only to Admission, which is expected to take place at 8.00 a.m. on 23 June 2026.

Resolution numbered 2 in the notice of General Meeting, being an ordinary resolution to be voted on by the Independent Shareholders to approve the waiver by the Takeover Panel of the obligation that would otherwise arise for the Concert Party to make a general offer for the Enlarged Group under the Rule 9 of the Takeover Code, was passed.

Placing and Subscription

Alongside publication of the Admission Document, the Company has raised approximately £2.0 million (before expenses) through a Placing and Subscription of 160,000,000 Fundraising Shares at 1.25 pence per new Ordinary Share.

Admission

The Company has applied to the London Stock Exchange for the Admission of the Company's enlarged share capital to trading on AIM.  Admission is expected to become effective and dealings on AIM are expected to commence at 8.00 a.m. on 23 June 2026.

The Company's Ordinary Shares will be traded under the TIDM "TAR" and with the ISIN GB00BM8SQP62.  The figure of 569,289,670 Ordinary Shares may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Board Changes

On Admission, Alex King, Ben Hodges, Kiran Morzaria and Bert Monro will join the Board and Charlie Wood and Sarah Cope will step down from their positions as directors.

Capitalised terms used in this announcement shall, unless otherwise defined, have the same meanings as set out in the Company's Admission Document published on 28 May 2026.

ENDS

Enquiries:

Talon Resources PLC www.talonresourcesplc.com	Alex King, CEO	Tel: [phone]
Cairn Financial Advisers LLP Nominated Adviser	Louise O'Driscoll / Ludovico Lazzaretti / Rory Sale	Tel: [phone]
Bowsprit Partners Limited Broker	James Sheehan	Tel: [phone]
St Brides Partners Ltd Financial PR	Isabel de Salis / Susie Geliher	[e-mail]

NOTES

Talon Resources PLC (AIM: TAR) is a gold exploration company focused on high-impact discovery opportunities across North America. Its initial asset is the Eagle Lake Gold Project in Ontario's Superior Province, where it holds a 90% interest in a 20km² land package with multiple high-grade gold targets and significant exploration upside. Through its collaboration with MINML, Talon is also generating new targets across the Wabigoon Subprovince using machine learning-assisted prospectivity mapping, while continuing to evaluate additional opportunities elsewhere in North America.

Forward-Looking Statements

This announcement may contain forward-looking statements. These statements are made by the Directors in good faith based on the information available to them at the time of their approval of this announcement and such statements should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying any such forward-looking information.

 

END