InvestSMART

Canyon Resources Ltd (ASX:CAY)

ALERT: Price-sensitive ASX Announcement for CAY
Current share price for CAY : $0.046 -0.007 (-12.38%)+
Release
21 Aug 2026 2:46PM
Price at Release
$0.053
Full Release
download
Summary
The document is a Second Supplementary Bidder's Statement associated with an off-market takeover offer by A2MP Investments FZCO to acquire all ordinary shares in Canyon Resources Ltd that it does not already own. Announced on August 21, 2026, this statement extends the offer period to September 21, 2026. It incorporates notices for extending the offer period and varying the closing date as per the Corporations Act. The document ensures that Canyon Resources shareholders have adequate time to consider the Target’s Statement before the offer closes. The statement, approved by A2MP's directors, provides notice of variation and updates on the status of offer conditions.
Key Points
  • Second Supplementary Bidder's Statement for A2MP's takeover of Canyon Resources
  • Extension of offer period to September 21, 2026
  • Ensures Canyon shareholders have time to review the Target's Statement
  • Incorporates notices as per Corporations Act
  • Approved by directors of A2MP
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.