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Lunnon Metals Limited (ASX:LM8)
ALERT: Price-sensitive ASX Announcement for LM8
Current share price for LM8 : $0.315 -0.005 (-1.56%)+
Announcement
Release
9 Oct 2025 10:56AM
Price at Release
$0.320
Full Release
Summary
Lunnon Metals Limited has announced an update on the Ore Purchase Agreement (OPA) with St Ives Gold Mining Co. Pty Ltd, a subsidiary of Gold Fields Ltd. The OPA is subject to shareholder approval scheduled for 6 November 2025. The Independent Expert’s Report has assessed the OPA terms as fair and reasonable in the absence of alternative offers. The agreement involves conditions such as shareholder approval, government permits, and collaborative agreement on mining operations. Shareholders are encouraged to vote on the agreement either in person or by proxy.
Key Points
- Notice of General Meeting scheduled for 6 November 2025.
- Independent Expert’s Report deems OPA terms fair and reasonable.
- OPA executed with St Ives Gold Mining Co. Pty Ltd.
- Agreement subject to shareholder approval and government permits.
- Shareholders can vote in person or by proxy.
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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