Mr. Warren Gilman reports

QUEEN'S ROAD CAPITAL AGM RESULTS

Queen's Road Capital Investment Ltd. has released the results of its annual general meeting held on Jan. 10, 2025. Over 30 per cent of the company's issued and outstanding shares were represented at the AGM.

At the AGM, the company's shareholders approved the election of the following management nominees to the company's board of directors.

Board of director nominees   % of votes for   % of votes withheld

Warren Gilman                           100%                    0%                 
Alex Granger                            100%                    0%                 
Michael Cowin                          97.9%                 0.03%              
Donald Roberts                         97.9%                 0.03%              
Peter Chau                              100%                    0%                 

Shareholders also approved the appointment of KPMG LLP, chartered professional accountants, as the company's auditor for the ensuing year.

As previously announced, shareholders also approved the share consolidation on the basis of one postconsolidated share for every 10 preconsolidated shares and changes to the company's articles to allow for the consolidation, which was effective Jan. 15, 2025.

About Queen's Road Capital Investment Ltd.

Queen's Road is a dividend-paying, leading financier to the global resource sector. The company is a resource-focused investment company, making investments in privately held and publicly traded companies. The company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in advanced development or production located in politically safe jurisdictions.

We seek Safe Harbor.