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Peel Mining Limited (ASX:PEX)
ALERT: Price-sensitive ASX Announcement for PEX
Current share price for PEX : $0.160 0 (0%)+
Announcement
Release
22 Jun 2026 11:01AM
Price at Release
$0.160
Full Release
Summary
Peel Mining Limited has announced that its scheme of arrangement, under which Aeris Resources Limited will acquire all of its shares, is now legally effective following approval by the Supreme Court of New South Wales. The company has lodged the court orders with ASIC, with Peel shares set to be suspended from ASX trading at the close of 22 June 2026. The implementation of the scheme is expected to occur on 1 July 2026, with shareholders as of the Scheme Record Date, 24 June 2026, to receive the Scheme Consideration.
Key Points
- Scheme of Arrangement legally effective for Peel Mining Limited
- Aeris Resources Limited to acquire 100% of Peel Mining shares
- Court approval from the Supreme Court of NSW
- Peel shares to be suspended from ASX trading
- Implementation expected on 1 July 2026
- Scheme Record Date is 24 June 2026
- Shareholders to receive Scheme Consideration
- Court orders lodged with ASIC
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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