Mongolia Growth Group Announces Shareholder Voting Results

Mongolia Growth Group Ltd. (TSXV:YAK) reported the results of its annual and special meeting of shareholders held on October 7, 2025. A total of 14,550,463 common shares, representing 57.15% of outstanding shares, were voted. All proposed resolutions received the required majority approval. Key decisions included confirming five directors: Harris Kupperman, Nick Cousyn, Jim Dwyer, Brad Farquhar, and Robert Scott. Davidson & Company LLP was reappointed as auditor.

Additionally, shareholders approved the sale of the KEDM business and office property in Rincon, Puerto Rico, to Lemontree LLC, owned by CEO Harris Kupperman. Both sales were supported by over 99% of voters. The transactions are anticipated to close around October 31, 2025, with the Company's listing moving to the NEX Board on the TSX Venture Exchange.