Business
Posting of Circular and Notice of General Meeting
Bradda Head Lithium Ltd has published a circular and notice of a general meeting to be held on February 17, 2026, to approve an earn-in acquisition of up to a 60% interest in the Whistlejacket Project. This acquisition involves an initial commitment of US$750,000 in the first year, with potential further expenditures of US$5,500,000 for a 51% stake and an additional US$12,000,000 for a 60% interest. The company has also secured new convertible loan facilities totaling US$1.275 million from related parties, Galloway Limited and Promaco Limited, to fund the initial commitment and working capital. Shareholders will vote on approving the earn-in acquisition and the issuance of shares related to these convertible loans. Disclaimer*
About this update from Bradda Head Lithium Limited
[{"type":"text","content":"\n\n30 January 2026\nBradda Head Lithium Ltd\n(\"BHL\" or the \"Company\")\nPosting of Circular and Notice of General Meeting\n \nBradda Head Lithium Ltd (AIM: BHLL), the North America-focused lithium development group, is pleased to announce that further to it's announcement regarding the binding and definitive 'Option to Joint Venture' agreement (the \"Agreement\") entered into with Kennecott Exploration Inc.- part of the Rio Tinto Mining Group of Companies (\"KEX\") made on 27 January 2026 (\"Prior Announcement\"), it has today published a circular and notice of general meeting (\"Circular\"). The Circular is also being posted to shareholders today. Terms defined in the Prior Announcement shall, unless otherwise stated, have the same meaning in this announcement.\nThe Circular contains details of the Agreement, the Whistlejacket Project and the CLAs, as well as the notice of general meeting of the Company to be be held at 4.00 p.m. at The Claremont Hotel, 18-22 Loch Promenade, Douglas, Isle of Man, IM1 2LX on 17 February 2026 (\"General Meeting\"). The Circular is available on the Company's website at\n https://www.braddaheadltd.com/investors#ShareholderDocuments.\nThe Circular contains two resolutions, as follows:\n· Resolution 1: To approve the Earn-in Acquisition. Resolution 1 shall be proposed as an ordinary resolution and all Shareholders shall be entitled to vote in respect thereof.\n \n· Resolution 2: To approve the issue of Ordinary Shares to Galloway Limited and Promaco Limited pursuant to the Convertible Loan Agreements for the purposes of Regulation 24.1(e) and Regulation 24.2(a) of the Articles. Resolution 2 shall be proposed as an ordinary resolution to be taken on a poll of Independent Shareholders only.\n \nThe letter from the Ian Stalker, Executive Chair of the Company, which is contained in the Circular is set out in Appendix I to this announcement. Appendix II to this announcement contains defined terms and a glossary of technical terms used in Appendix I.\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE...