Regis transaction update
| Stock | VAU.ASX (VAU.ASX) |
|---|---|
| Release Time | 13 Jul 2026, 8:41 a.m. |
| Price Sensitive | Yes |
Vault Minerals to Terminate Regis SID, Accept Genesis Proposal
- Vault Minerals intends to terminate the Regis SID
- Accepting Genesis Minerals' superior proposal
- Matching right period under Regis SID expires today
- Vault has until 7.00am AWST 14 July to finalize the decision
Vault Minerals Limited (ASX: VAU) announced that it will terminate the scheme implementation deed (SID) with Regis Resources Limited as Regis has decided not to submit a counterproposal. Vault intends to enter into a definitive agreement with Genesis Minerals Limited, which made a superior proposal to acquire all shares in Vault. The matching right period under the Regis SID expires today, and Vault has until 7:00 AM AWST on 14 July 2026 to finalize the decision to terminate the SID and accept Genesis' proposal.
Vault Minerals expects a break fee of approximately $50.7 million upon terminating the Regis SID.
Vault Minerals is poised to finalize the transaction with Genesis Minerals, subject to the termination of the Regis SID and acceptance of Genesis' proposal.