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Kingsland Minerals Ltd (ASX:KNG)
ALERT: Price-sensitive ASX Announcement for KNG
Current share price for KNG : $0.068 0.018 (36%)+
Announcement
Release
9 Jul 2026 3:21PM
Price at Release
$0.050
Full Release
Summary
Kingsland Minerals Ltd (ASX: KNG) announced updates regarding its involvement with the Takeovers Panel applications initiated by Quinbrook Asset Management Pty Ltd as trustee for the Critical Resources Strategy. Quinbrook lodged an application with the Takeovers Panel on June 4, 2026, concerning Kingsland. However, the Panel decided not to conduct proceedings on June 19, 2026. Following this, Quinbrook requested a review of this decision on June 23, 2026. Subsequently, on July 3, 2026, Kingsland and Quinbrook reached a deed of settlement, leading Quinbrook to withdraw its review application, which was consented to by the Takeovers Panel on July 8, 2026. Both parties will continue discussions as per the Deed of Settlement, and Kingsland will keep its shareholders informed about any significant developments.
Key Points
- Takeovers Panel application by Quinbrook against Kingsland
- Initial application lodged on June 4, 2026
- Panel declined to proceed on June 19, 2026
- Review application lodged on June 23, 2026
- Deed of Settlement reached on July 3, 2026
- Quinbrook withdrew review application on July 8, 2026
- Kingsland and Quinbrook to continue discussions
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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