St. Augustine holders OK all matters at special meeting

Executive Summary

• Shareholders approved an amended and restated stock option plan (99.12 % in favour).
• shareholders also approved a private placement of 16.5 million units (each unit = 1 common share + 2 warrants) with 99.99 % support.
• The private placement is intended to meet the company’s long‑term financing needs for the King‑King copper‑gold project.

Key Details

• Stock Option Plan:
• Approved by 649,221,184 votes for and 5,766,161 votes against (99.12 % approval).

• Replaces legacy plan; aligns directors, officers, employees and consultants with shareholder interests and meets TSX requirements.

• Private Placement of Nicolaos Paraskevas:

• Approved by 654,947,615 votes for and 39,730 votes against (99.99 % approval).
• Consists of 16.5 million units; each unit comprises one common share plus two warrants.

• Designed to support the company’s long‑term financing requirements for project development.

• Quorum & Participation:

• Shareholders representing 654,987,345 common shares (41.91 % of the 1,562,749,129 issued and outstanding shares) were present in person or by proxy.

• Company Background (retained for context):

• St. Augustine Gold and Copper Ltd. is listed on the Toronto Stock Exchange and focuses on developing the King‑King copper‑gold project in the Philippines, a top‑three priority mining project for the Philippine government.

Safe Harbor statements omitted as per instruction.