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Vault Minerals Limited (ASX:VAU)

ALERT: Price-sensitive ASX Announcement for VAU
Current share price for VAU : $4.620 0.06 (1.32%)+
Announcement
Release
6 Jul 2026 9:49AM
Price at Release
$4.560
Full Release
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Summary
Regis Resources Limited announced it is evaluating its options following a proposal by Genesis Minerals Limited that the Vault Board deems superior under their SID. This comes amidst an intended merger-of-equals between Regis and Vault under which Regis would acquire all of Vault's ordinary shares. Regis has a five-day window to counter the proposal.
Key Points
  • Regis Resources Limited (Regis) is considering its response to a competing proposal received by Vault Minerals Limited (Vault) from Genesis Minerals Limited.
  • The proposal from Genesis is considered a 'Vault Superior Proposal' as per the Scheme Implementation Deed (SID) between Regis and Vault.
  • Regis has been granted a five business day period to provide a counterproposal.
  • The merger between Regis and Vault was intended to be a merger-of-equals through a scheme of arrangement.
  • Regis will acquire 100% of Vault's fully paid ordinary shares if the original SID proceeds.
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.