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Carawine Resources Limited (ASX:CWX)

ALERT: Price-sensitive ASX Announcement for CWX
Current share price for CWX : $0.105 0.014 (15.38%)+
Announcement
Release
2 Oct 2025 4:27PM
Price at Release
$0.091
Full Release
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Summary
Carawine Resources Limited announced an amendment to their earlier release regarding the Federal Court's approval of QGold Pty Ltd's compulsory acquisition of Carawine's remaining ordinary shares, which QGold does not own. The Court ruling allows QGold to proceed with the acquisition at $0.11 per share. Following this, Carawine's shares will be suspended from trading on the ASX from 9 October 2025, and the company will be delisted. Shareholders have been advised to update their details for the acquisition process. The announcement, authorized by the Managing Director, also included forward-looking statements cautioning about potential variability in future performance.
Key Points
  • Amendment to ASX Announcement regarding QGold's compulsory acquisition
  • Court approval for QGold to acquire remaining shares at $0.11 per share
  • Suspension of Carawine shares from ASX on 9 October 2025
  • Company will be delisted after suspension
  • Shareholders advised to update shareholding details
  • Forward-looking statements included cautioning about future performance
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.