Declaration of special dividend of Rox Shares
| Stock | Venus Metals Corporation Ltd (VMC.ASX) |
|---|---|
| Release Time | 6 Jul 2026, 8:29 a.m. |
| Price Sensitive | Yes |
Venus Metals Announces Special Dividend of Rox Shares
- Venus Metals declares special dividend of 25 million Rox Shares
- Distribution Dividend ratio: 0.1212 Rox Shares per Venus Share
- Expected transfer of Rox Shares to shareholders on 17 July 2026
Venus Metals Corporation Limited (ASX:VMC) has announced a special dividend by way of an in-specie distribution of 25 million Rox Shares to its shareholders. The Distribution Dividend represents 0.1212 Rox Shares per fully paid ordinary share in Venus held at 5:00pm (AWST) on the record date of 10 July 2026. The total value of this Distribution Dividend is approximately $10.25 million. The expected date for the transfer of Rox Shares under the Distribution Dividend is 17 July 2026. Additionally, Venus Metals intends to declare a cash special dividend in September 2026, subject to finalizing its franking position.
Value of Distribution Dividend: ~$10.25 million
Venus Metals intends to declare a cash special dividend in September 2026, subject to finalizing its franking position.