On May 14, 2024, Sierra Rutile announced that it had received a notice from PRM Services LLC (PRM) on April 25, 2024, under section 249D of the Corporations Act 2001, proposing a resolution for the removal of Theuns De Bruyn as a director of the company. Due to the timing of the requisition, the Company was required to call and hold a second meeting of shareholders to consider the resolution put forward by PRM. This Extraordinary General Meeting (EGM) will take place virtually on June 25, 2024, and will be separate from the company?s Annual General Meeting (AGM), scheduled for later this week on May 16, 2024.

The Company?s board recommends that shareholders vote against the resolution.