Highland Critical holders approve meeting resolutions

Executive Summary

• Highland Critical Minerals Corp. received 100% shareholder approval for its proposed plan of arrangement with its wholly owned subsidiary, Highland Red Lake Gold Corp., at the annual general and special meeting held on November 21, 2025.
• The company expects to obtain the final order from the Supreme Court of British Columbia on or about November 28, 2025, with final approval from the Canadian Securities Exchange and other conditions required to complete the arrangement prior to the end of 2025.
• Shareholders also approved routine administrative items, including fixing the board size at three, electing three new directors, appointing MNP LLP as auditor, and approving existing stock option and restricted share unit plans.

Key Details

• Plan of Arrangement: Approved by 100% of shareholders present or represented by proxy at the Nov. 21, 2025 meeting.
• Transaction Parties: Highland Critical Minerals Corp. and its wholly owned subsidiary, Highland Red Lake Gold Corp.
• Arrangement Agreement Date: August 19, 2025.
• Regulatory Timeline:
  • Supreme Court of British Columbia final order expected on or about Nov. 28, 2025, at 9:45 a.m. Vancouver time.
  • Completion expected prior to the end of 2025, subject to final court order, Canadian Securities Exchange approval, and other conditions in the arrangement agreement.
• Board Composition: Size fixed at three directors.
• New Directors Elected: Brian Morales, Yazeed Esnan, and Sophie Galper-Komet.
• Auditor Appointment: MNP LLP, chartered professional accountants, appointed for the ensuing year with directors authorized to fix remuneration.
• Equity Plans: Existing stock option plan and restricted share unit plan approved.
• Reference Documents: Management information circular dated Oct. 27, 2025, available on SEDAR+.

Notable Quotes

• None provided in the text.