Panther Metals plc said it would consolidate the number of its shares following a 64.36% approval at its general meeting.
A total 8,483,610 votes were in favour of the resolution while 4,698,627 were against, with no votes withheld.
The company will reduce 92,822,307 existing ordinary shares of no par value on a 25 into 1 basis; every 100 existing ordinary shares are consolidated into 4 ordinary shares.
As a result, Panther will have 3,712,309 new ordinary shares in issue.
All other resolutions at the general meeting were passed.