# EDGAR Filing Document

**Accession Number:** 0001803158
**File Stem:** 0001085146-25-004353
**Filing Date:** 2025-7
**Character Count:** 13276
**Document Hash:** d0f66c8afa415ab4da62893b83a796b5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-25-004353.hdr.sgml**: 20250731

**ACCESSION NUMBER**: 0001085146-25-004353

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250731

**EFFECTIVENESS DATE**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fourth Sail Capital LP
- **CENTRAL INDEX KEY:** 0001803158

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23602
- **FILM NUMBER:** 251169076

**BUSINESS ADDRESS:**
- **STREET 1:** OGIER GLOBAL (CAYMAN) LIMITED
- **STREET 2:** 89 NEXUS WAY
- **CITY:** CAMANA BAY GRAND CAYMAN
- **STATE:** E9
- **ZIP:** KY1-9009
- **BUSINESS PHONE:** 646-355-2764

**MAIL ADDRESS:**
- **STREET 1:** 10 MARKET STREET
- **STREET 2:** #754
- **CITY:** GRAND CAYMAN
- **STATE:** E9
- **ZIP:** KY1-9006

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001803158

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** Fourth Sail Capital LP

**Address:** 10 MARKET STREET, GRAND CAYMAN, E9 KY1-9006

**Telephone number:** 646-355-2764

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-23602

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER               | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                                                                       | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| ADRIATIC METALS PLC          | G01117103 | 06/18/2025     | TO APPROVE THE DIRECTORS REMUNERATION REPORT                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NO VOTE     |                                        0 | NONE                        |  |
| ALAMOS GOLD INC.             | 011532108 | 05/29/2025     | Executive Compensation To consider, and if deemed advisable, pass a resolution to approve an advisory resolution on the Company's approach to executive compensation.                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NO VOTE     |                                        0 | NONE                        |  |
| ANDEAN SILVER LTD            | Q6253V153 | 11/29/2024     | REMUNERATION REPORT                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NO VOTE     |                                        0 | NONE                        |  |
| COEUR MINING, INC.           | 192108504 | 05/13/2025     | Advisory resolution to approve executive compensation.                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NO VOTE     |                                        0 | NONE                        |  |
| DE GREY MINING LTD           | Q3147X115 | 11/19/2024     | NON BINDING RESOLUTION TO ADOPT REMUNERATION REPORT                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NO VOTE     |                                        0 | NONE                        |  |
| ENCOUNTER RESOURCES LTD      | Q34820102 | 11/29/2024     | ADOPTION OF THE REMUNERATION REPORT                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NO VOTE     |                                        0 | NONE                        |  |
| ENDAVA PLC                   | 29260V105 | 12/12/2024     | To approve the Directors' Remuneration Report contained in the 2024 Annual Report and Accounts.                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |        1180738 |                0 | FOR         |                                  1180738 | FOR                         |  |
| EPAM SYSTEMS, INC.           | 29414B104 | 05/22/2025     | To approve, on an advisory and non-binding basis, the compensation for our named executive officers as disclosed in the Proxy Statement.                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NO VOTE     |                                        0 | NONE                        |  |
| EQUINOX GOLD CORP.           | 29446Y502 | 05/01/2025     | To consider, and if deemed advisable, to pass an ordinary resolution that the Company's shareholders accept the approach to executive compensation as more particularly described in the Company's Management Information Circular.                                                    | SECTION 14A SAY-ON-PAY VOTES |        9020018 |                0 | FOR         |                                  9020018 | FOR                         |  |
| FIRST QUANTUM MINERALS LTD.  | 335934105 | 05/08/2025     | BE IT RESOLVED, on an advisory basis, and not to diminish the role and responsibilities of the Board of Directors of the Company, that the shareholders accept the approach to executive compensation disclosed in the Company's Management Information Circular dated March 13, 2025. | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NO VOTE     |                                        0 | NONE                        |  |
| GRID DYNAMICS HOLDINGS, INC. | 39813G109 | 12/23/2024     | The approval, on a non-binding advisory basis, of the compensation of our named executive officers.                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         517074 |                0 | FOR         |                                   517074 | FOR                         |  |
| IGO LIMITED                  | Q4875H108 | 11/06/2024     | REMUNERATION REPORT                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NO VOTE     |                                        0 | NONE                        |  |
| POPULAR, INC.                | 733174700 | 05/08/2025     | Approve, on an advisory basis, the Corporation's executive compensation.                                                                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         103182 |                0 | ABSTAIN     |                                   103182 | NONE                        |  |
| SANDSTORM GOLD LTD.          | 80013R206 | 05/30/2025     | Say on Pay Advisory Vote To consider and, if deemed appropriate, to pass, with or without variation, a non-binding advisory resolution accepting the company's approach to executive compensation, all as more particularly described in the management information circular.          | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NO VOTE     |                                        0 | NONE                        |  |
| SMITHFIELD FOODS, INC.       | 832248207 | 06/03/2025     | To approve, on an advisory basis, the compensation paid to our named executive officers in fiscal year 2024                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NO VOTE     |                                        0 | NONE                        |  |
| SMITHFIELD FOODS, INC.       | 832248207 | 06/03/2025     | To approve, on an advisory basis, the frequency of future advisory votes to approve named executive officer compensation                                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |              0 |                0 | NO VOTE     |                                        0 | NONE                        |  |
| SPARTAN RESOURCES LIMITED    | Q39719226 | 11/07/2024     | REMUNERATION REPORT                                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |       13364423 |                0 | FOR         |                                 13364423 | FOR                         |  |
| TASEKO MINES LIMITED         | 876511106 | 06/12/2025     | Advisory Resolution To consider, and if thought fit, to approve a non-binding advisory resolution on the Company's approach to executive compensation, as more particularly set out in the information circular.                                                                       | SECTION 14A SAY-ON-PAY VOTES |       23859035 |                0 | FOR         |                                 23859035 | FOR                         |  |
| UR-ENERGY INC.               | 91688R108 | 06/05/2025     | Say on Pay: Approve in an advisory (non-binding) vote the compensation of the Company's named executive officers.                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |       12295868 |                0 | FOR         |                                 12295868 | FOR                         |  |
| URANIUM ENERGY CORP.         | 916896103 | 07/16/2024     | To approve, on a non-binding advisory basis, the compensation of our named executive officers.                                                                                                                                                                                         | SECTION 14A SAY-ON-PAY VOTES |         477124 |                0 | FOR         |                                   477124 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** Fourth Sail Capital LP

**By (Signature):** Thiago Doria

**By (Printed Signature):** Thiago Doria

**By (Title):** CFO / CCO

**Date:** 07/30/2025