Announcement PDF ASX:MRZ ASX ANNOUNCEMENT 31 OCTOBER 2023 Results of Annual General Meeting In accordance with Listing Rule 3.13.2, the directors of Mont Royal Resources Limited (“Mont Royal” or the “Company”)(ASX:MRZ) advise the resolutions put to shareholders at the Annual General Meeting held earlier today were carried. The resolutions carried were: 1. ‘That the Remuneration Report be adopted by Shareholders on the terms and conditions in the Explanatory Memorandum.’ 2. ‘That, in accordance with Article 6.3(j) of the Constitution, Listing Rule 14.4 and for all other purposes, Mr Ronnie Beevor, a Director who was appointed on 25 March 2023, retires and, being eligible, is elected as a Director of the Company, on the terms and conditions in the Explanatory Memorandum.' 3. 'That, pursuant to and in accordance with Listing Rule 7.1A and for all other purposes, Shareholders approve the issue of Equity Securities totalling up to 10% of the issued capital of the Company at the time of issue, calculated in accordance with the formula prescribed in Listing Rule 7.1A.2 and on the terms and conditions in the Explanatory Memorandum.' 4. 'That, pursuant to and in accordance with Listing Rule 7.4 and for all other purposes, Shareholders ratify the issue of: a. 7,108,676 Placement Shares issued under Listing Rule 7.1; and b. 6,703,591 Placement Shares issued under Listing Rule 7.1A, on the terms and conditions in the Explanatory Memorandum.’ 5. ‘That, pursuant to and in accordance with Listing Rule 7.1, and for all other purposes, Shareholders approve the issue of 3,000,000 Lead Manager Options to the Lead Manager (or its nominees), on the terms and conditions in the Explanatory Memorandum.’ 6. 'That, pursuant to and in accordance with Listing Rule 7.4 and for all other purposes, Shareholders ratify the issue of 1,446,717 Consideration Shares to Focus Graphite Inc., on the terms and conditions in the Explanatory Memorandum.’ Mont Royal Resources Ltd Level 8, 2 Bligh Street info@montroyalrres.com ACN 625 237 658 Sydney NSW 2000 www.montroyalres.com ASX:MRZ 7. 'That, pursuant to and in accordance with Listing Rule 7.4 and for all other purposes, Shareholders ratify the issue of 1,500,000 Incentive Options to Mr Ronnie Beevor (or his nominee), on the terms and conditions in the Explanatory Memorandum.’ 8. ‘That the modification of the Company's Constitution to re-insert the proportional takeover bid approval provisions contained in Schedule 4 of the Constitution for a period of three years from the date of approval of this Resolution is approved under and for the purposes of sections 648G(4) and 136(2) of the Corporations Act and for all other purposes.’ ENDS. For and on Behalf of the Board Shaun Menezes | Company Secretary For Further Information: Peter Ruse Jane Morgan Executive Director Investor and Media Relations info@montroyalres.com +61 405 555 618 jm@janemorganmanagement.com.au Mont Royal Resources Ltd Level 8, 2 Bligh Street info@montroyalrres.com ACN 625 237 658 Sydney NSW 2000 www.montroyalres.com ASX:MRZ About Mont Royal Resources Mont Royal Resources Limited (ASX:MRZ) is an Australian company incorporated for the purpose of pursuing various mining opportunities in the resources sector, with the aim of building shareholder value by acquiring, exploring, evaluating and exploiting mineral resource project opportunities. Mont Royal acquired 75% of Northern Lights Minerals 536 km2 tenement package located in the Upper Eastmain Greenstone belt - the projects are located in the emerging James Bay area, a tier 1 mining jurisdiction of Quebec, Canada, and are prospective for lithium, precious (Gold, Silver) and base metals mineralisation (Copper, Nickel), The Company has a binding JV option agreement with Azimut Exploration Inc. (TSXV: AZM), to earn-in up to 70% of the Wapatik Gold-Copper Nickel Project. Furthermore, For further information regarding Mont Royal Resources Limited, please visit the ASX platform (ASX:MRZ) or the Company’s website www.montroyalres.com @MontRoyalRes Linkedin.com/Company/mont-royal-resources Subscribe for Investor Updates Mont Royal Resources Ltd Level 8, 2 Bligh Street info@montroyalrres.com ACN 625 237 658 Sydney NSW 2000 www.montroyalres.com Disclosure of Proxy Votes Automic GPO Box 5193, Sydney, NSW 2001 P 1300 288 664 (aus) or +61 (0)2 9698 5414 (world) F +61 (0)2 8583 3040 E hello@automic.com.au ABN 27 152 260 814 Mont Royal Resources Limited Annual General Meeting Tuesday, 31 October 2023 In accordance with section 251AA of the Corporations Act 2001, the following information is provided in relation to resolutions put to members at the meeting. Poll Results (if applicable) Proxy Votes Resolution Decided by Show of Hands (S) or Poll (P) Total Number of Proxy Votes exercisable by proxies validly appointed 1 Remuneration Report P 30,623,059 2 Election of Director – Mr Ronnie Beevor P 39,976,899 3 Approval of 10% Placement Facility P 40,485,899 4a Ratification of issue of Placement Shares under Listing Rule 7.1 P 22,482,293 4b Ratification of issue of Placement Shares under Listing Rule 7.1A P 22,482,293 5 Approval of issue of Lead Manager Options P 40,485,899 6 Ratification of issue of Consideration Shares P 40,485,899 7 Ratification of issue of Incentive Options to Mr Ronnie Beevor P 39,985,899 FOR AGAINST 29,788,502 169,000 97.27% 0.55% 30,940,648 8,370,694 77.40% 20.94% 39,811,342 9,000 98.33% 0.02% 21,807,736 9,000 97.00% 0.04% 21,807,736 9,000 97.00% 0.04% 20,888,088 18,932,254 51.59% 46.76% 39,801,342 19,000 98.31% 0.05% 23,825,588 15,494,754 59.58% 38.75% PROXY'S DISCRETION ABSTAIN 0 9,000 0 0 0 0 0 0 FOR AGAINST 665,557 30,454,059 169,000 2.17% 99.45% 0.55% 665,557 31,606,205 8,370,694 1.66% 79.06% 20.94% 665,557 40,476,899 9,000 1.64% 99.98% 0.02% 665,557 22,223,293 9,000 2.96% 99.96% 0.04% 665,557 22,223,293 9,000 2.96% 99.96% 0.04% 665,557 21,553,645 18,932,254 1.64% 53.24% 46.76% 665,557 40,466,899 19,000 1.64% 99.95% 0.05% 665,557 24,491,145 15,494,754 1.66% 61.25% 38.75% Results ABSTAIN OUTCOME 0 - 9,000 Passed 0 Passed 0 Passed 0 Passed 0 Passed 0 Passed 0 Passed Poll Results (if applicable) Proxy Votes Resolution 8 Re-insertion of Proportional Takeover Bid Approval Provisions Decided by Show of Hands (S) or Poll (P) P Total Number of Proxy Votes exercisable by proxies validly appointed 40,485,899 FOR AGAINST 39,801,342 19,000 98.31% 0.05% PROXY'S DISCRETION ABSTAIN 0 FOR AGAINST 665,557 40,466,899 19,000 1.64% 99.95% 0.05% Results ABSTAIN OUTCOME 0 Passed