EX-99.8 9 ef20023568_ex99-8.htm EXHIBIT 99.8

Exhibit 99.8


PRESS RELEASE | NASDAQ: IPX | ASX: IPX


June 16, 2023
 
RESULTS OF GENERAL MEETING

IperionX Limited (NASDAQ: IPX, ASX: IPX) (“IperionX” or “Company”) advises that a General Meeting of Shareholders was held today, June 16, 2023, at 9.00am (AWST).

The resolutions voted on were in accordance with the Notice of General Meeting previously advised to the Australian Securities Exchange (“ASX”).

All resolutions were decided on and carried by way of a poll.

In accordance with Section 251AA of the Corporations Act 2001 and ASX Listing Rule 3.13.2, the details of the poll and the proxies received in respect of each resolution are set out in the attached summary.

About IperionX

IperionX’s mission is to be the leading developer of low-carbon titanium for advanced industries including space, aerospace, electric vehicles and 3D printing. IperionX’s breakthrough titanium technologies can produce titanium products that are low carbon and fully circular. IperionX is producing titanium metal powders from titanium scrap at its operational pilot facility in Utah and intends to scale production at a Titanium Demonstration Facility in Virginia. IperionX holds a 100% interest in the Titan Project, which has the largest JORC compliant resource of titanium, rare earth and zircon rich mineral sands in the United States.

This announcement has been authorized for release by the Company Secretary.

For further information and enquiries please contact:

info@iperionx.com
+1 980 237 8900

www.iperionx.com

North Carolina Tennessee
Virginia
Utah
129 W Trade Street, Suite 1405
Charlotte, NC 28202
279 West Main Street
Camden, TN 38320
1030 Confroy Drive
South Boston, VA 24592
1782 W 2300 S
West Valley City, UT 84119



Forward Looking Statements

Information included in this release constitutes forward-looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward-looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs.

Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, and achievements to differ materially from any future results, performance, or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves, the Company’s ability to comply with the relevant contractual terms to access the technologies, commercially scale its closed-loop titanium production processes, or protect its intellectual property rights, political and social risks, changes to the regulatory framework within which the Company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation.

Forward looking statements are based on the Company and its management’s good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the Company’s business and operations in the future. The Company does not give any assurance that the assumptions on which forward looking statements are based will prove to be correct, or that the Company’s business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company’s control.

Although the Company attempts and has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in forward looking statements, there may be other factors that could cause actual results, performance, achievements, or events not to be as anticipated, estimated or intended, and many events are beyond the reasonable control of the Company. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, in providing this information the Company does not undertake any obligation to publicly update or revise any of the forward-looking statements or to advise of any change in events, conditions or circumstances on which any such statement is based.


2

IperionX Limited
General Meeting
June 16, 2023
 

Resolution
Number of Proxy Votes
Number of Votes cast on the Poll
Result
For
Against
Abstain
Proxy’s
Discretion
For
Against
Abstain
1. Ratify the Issue of Placement Shares under Listing Rule 7.1
14,165,662
33,520
27,569,183
-
14,165,662
(99.76%)
33,520
(0.24%)
27,569,183
Carried on vote by poll
2. Issue of Placement Shares to Todd Hannigan
14,429,798
39,370
11,409,537
-
14,429,798
(99.73%)
39,370
(0.27%)
11,409,537
Carried on vote by poll
3. Issue of Placement Shares to Lorraine Martin
63,381,157
39,320
4,820
-
63,381,157
(99.94%)
39,320
(0.06%)
4,820
Carried on vote by poll