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Aeris Resources Limited (ASX:AIS)

ALERT: Price-sensitive ASX Announcement for AIS
Current share price for AIS : $0.370 -0.04 (-9.76%)+
Announcement
Release
15 Jun 2026 1:05PM
Price at Release
$0.410
Full Release
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Summary
Peel Mining Limited announced that its shareholders have overwhelmingly voted in favor of both the Scheme of Arrangement and the Demerger of Spectre Metals Limited. The resolutions were supported by 99.99% of votes. The Scheme involves Aeris Resources Limited acquiring 100% of Peel's shares, while the Demerger will proceed by a capital reduction and distribution of shares in Spectre to Peel shareholders. The proposed transactions are inter-conditional, meaning the Demerger will only proceed if the Scheme becomes effective. The Scheme is subject to approval by the Supreme Court of New South Wales, with key dates set for June 2026.
Key Points
  • 99.99% of Peel shareholders voted in favor of the Scheme Resolution.
  • The Demerger Resolution was passed by 99.99% of votes cast at the Demerger Meeting.
  • The Scheme and Demerger are inter-conditional.
  • The Scheme requires approval from the Supreme Court of New South Wales.
  • Key dates include Court hearing on 19 June 2026 and Scheme Implementation on 1 July 2026.
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.