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African Gold Limited (ASX:A1G)

ALERT: Price-sensitive ASX Announcement for A1G
Current share price for A1G : $1.040 0.035 (3.48%)+
Release
17 Apr 2026 3:39PM
Price at Release
$1.005
Full Release
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Summary
African Gold Ltd (ASX:A1G) announced that the Supreme Court of Western Australia has approved its Share Scheme and Option Scheme. The company plans to lodge official Court orders with the Australian Securities and Investments Commission (ASIC) on 20 April 2026, marking the Schemes as legally effective. The Implementation Date, when Scheme Shares will be transferred and considerations issued to eligible shareholders, is slated for 29 April 2026. This announcement was authorized by the Board of African Gold Ltd.
Key Points
  • Court approval for African Gold Ltd's Share Scheme and Option Scheme.
  • Schemes expected to become legally effective upon lodging Court orders with ASIC.
  • Effective Date for Schemes set for 20 April 2026.
  • Implementation Date scheduled for 29 April 2026.
  • Schemes involve transfer of shares to Montage and issuance of consideration to shareholders.
  • Announcement authorized by the Board of African Gold Ltd.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.