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African Gold Limited (ASX:A1G)
ALERT: Price-sensitive ASX Announcement for A1G
Current share price for A1G : $1.040 -0.005 (-0.48%)+
Announcement
Release
20 Apr 2026 3:29PM
Price at Release
$1.045
Full Release
Summary
African Gold Ltd (ASX:A1G) announced that the Supreme Court of Western Australia has approved the Share Scheme and Option Scheme, making them effective as of 20 April 2026. The schemes involve the transfer of Scheme Shares to Montage and the issuance of Scheme Consideration to eligible shareholders. The company's shares will be suspended from trading on the ASX after the close of trading on the announcement date. Key dates include the Record Date on 22 April 2026 and the Implementation Date on 29 April 2026. The announcement also notes compliance with Australian legal requirements and specific US securities laws. The document emphasizes procedural and disclosure criteria under Australian laws for the schemes, which differ from US rules.
Key Points
- Schemes approved by Supreme Court of Western Australia
- Share Scheme and Option Scheme now effective
- African Gold shares suspended from ASX trading
- Record Date set for 22 April 2026
- Implementation Date set for 29 April 2026
- Procedural and disclosure requirements set by Australian law
- US transfer restrictions applicable under certain conditions
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.
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