Cygnus Metals takeover by Central Asia Metals clears CAML shareholder vote on new shares issuance
Reuters2026/09/07 00:27- Central Asia Metals plans to acquire 100% of Cygnus Metals via a scheme of arrangement.
- CAML shareholders backed the share-allotment resolution on Sept. 4, 2026, meeting a key condition for completion.
- The deal still depends on other conditions in the scheme implementation deed being satisfied or waived.
- CAML engaged Bell Potter, alongside Morgans, to help eligible Cygnus holders set up CREST settlement for New CAML Shares.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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