Mongolia Growth holders approve all matters at AGSM

Executive Summary

• Mongolia Growth Group disclosed voting results from its annual and special shareholders’ meeting held on Oct. 7, 2025, with 57.15% of outstanding shares voted.
• Shareholders approved the election of five directors and re‑appointment of Davidson & Company LLP as auditor.
• Shareholders overwhelmingly approved (≈99%) the sale of the KEDM business to an arm’s‑length purchaser and the sale of the company’s office property in Rincon, Puerto Rico to Lemontree LLC (entity owned by Chairman/CEO Harris Kupperman).

Key Details

• Voting Participation: 14,550,463 common shares voted, representing 57.15% of issued and outstanding common shares.
• Director Elections: Harris Kupperman, Nick Cousyn, Jim Dwyer, Brad Farquhar, and Robert Scott elected for the ensuing year.
• Auditor Appointment: Davidson & Company LLP re‑appointed as auditor; remuneration to be set by the board.
• KEDM Business Sale: Approved by 99.1% of shareholders (including 98.1% after excluding non‑arm’s‑length votes). Closing expected on or about Oct. 31, 2025.
• Office Property Sale: Rincon, Puerto Rico office property sold to Lemontree LLC (owned by Harris Kupperman); approved by 99.1% of shareholders. Closing expected on or about Oct. 31, 2025.
• Post‑Closing Plan: Upon completion of both transactions, the company intends to transfer its common‑share listing to the NEX board of the TSX Venture Exchange and will provide further information at that time.

Notable Quotes

(No direct quotes were provided in the release.)