CAY Price sensitive 11 Sep 2026, 11:49 AM

Fourth Supplementary Bidder's Statement

Canyon Resources Ltd

Canyon Resources Ltd: A2MP's Final Bid for Takeover

Key points

  • Offer declared best and final at A$0.05 per share
  • Offer period ends 21 September 2026
  • No competing proposal detected
  • A2MP remains largest shareholder with 56.63% stake

Full summary

A2MP Investments FZCO has issued its fourth supplementary bidder's statement, declaring its off-market takeover offer for Canyon Resources Limited as best and final. The offer price remains at A$0.05 per share, with the offer period ending on 21 September 2026. A2MP has determined that the offer will not be extended, citing the aggressive rejection by Canyon's independent board committee and the lack of a competing proposal. Despite the low level of acceptances, A2MP remains Canyon's largest shareholder with a 56.63% stake.

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