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Thunderbird Resources ( (AU:XPD) ) just unveiled an update.
Xpedra Resources shareholders have approved all resolutions put to a general meeting held on 1 April 2026, with each motion passed by the requisite majority on a poll. The outcome includes approval for the disposal of the Hidden Bay Project and the issuance of performance rights to directors Scott Funston and Gary Billingsley, decisions that refine the company’s asset portfolio while aligning executive incentives with future performance.
The strong voting support for the sale of Hidden Bay and for the new director performance rights signals investor backing for Xpedra’s current strategic direction. These approvals may enable the company to reallocate capital from the divested project and reinforce board alignment with shareholder interests as it pursues its resource development objectives.
More about Thunderbird Resources
Xpedra Resources Limited is an Australian-listed resources company focused on mineral exploration and project development. The Perth-based business is listed on the ASX under the ticker XPD and operates within the broader mining and resources sector.
Average Trading Volume: 1,816,652
Technical Sentiment Signal: Sell
Current Market Cap: A$12.1M
For an in-depth examination of XPD stock, go to TipRanks’ Overview page.