Scheme Booklet registered with ASIC

Key points

• Scheme Booklet registered with ASIC
• Independent Expert supports the scheme
• Carnaby Board recommends voting in favor

Full summary

Carnaby Resources Limited (ASX: CNB) has announced that the Scheme Booklet, which details the proposed acquisition by Evolution Mining Limited (ASX: EVN), has been registered with the Australian Securities and Investments Commission (ASIC). The Scheme Booklet includes an Independent Expert's Report from BDO Corporate Finance Australia Pty Ltd, which concludes that the scheme is fair and reasonable and in the best interests of Carnaby Shareholders. The Carnaby Board unanimously recommends that shareholders vote in favor of the scheme, subject to certain conditions and the absence of a superior proposal. The scheme meeting is scheduled for 26 October 2026.