Results of First Court Hearing
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| Stock | CYGNUS Metals Ltd (CY5.ASX) |
|---|---|
| Release Time | 13 Aug 2026, 3:54 p.m. |
| Price Sensitive | Yes |
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Cygnus Metals Announces Court Meeting for Scheme Approval
Key Points
- Court convenes Scheme Meeting for shareholder approval
- Scheme Booklet to be released on 20 August 2026
- Shareholders to vote on 18 September 2026
- Scheme expected to complete on 5 October 2026
Full Summary
Cygnus Metals Limited (ASX:CY5) has announced that the Supreme Court of Western Australia has approved the convening of a meeting for shareholders to consider and vote on the proposed acquisition by Central Asia Metals PLC (AIM: CAML). The meeting is scheduled for 18 September 2026. The Scheme Booklet, including the Independent Expert's Report, will be released on 20 August 2026 and made available to shareholders. The Scheme aims to complete on 5 October 2026, subject to shareholder approval and satisfaction of conditions.
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