Court approves Central Asia Metals' takeover scheme for Cygnus Metals
Bitget2026/10/14 14:04- Western Australia's Supreme Court today approved a scheme for Central Asia Metals to acquire 100% of Cygnus Metals' shares.
- The scheme is expected to become effective October 15, 2026, with ASX and TSXV trading suspended at that day's close.
- Implementation is scheduled for October 27, 2026; eligible scheme shareholders, excluding sale facility participants, will receive their scheme consideration.
- New CAML shares are expected to begin trading on AIM on October 27, 2026.
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