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Vault Minerals Limited (ASX:VAU)

ALERT: Price-sensitive ASX Announcement for VAU
Current share price for VAU : $5.750 0.88 (18.07%)+
Announcement
Release
13 Jul 2026 8:49AM
Price at Release
$4.870
Full Release
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Summary
Genesis Minerals Limited announced that Regis Resources Limited will not submit a counterproposal for Vault Minerals Limited, allowing Genesis to move forward with its scheme of arrangement proposal, which the Vault Board has deemed superior. The terms remain open until 14 July 2026, pending the expiration of Regis' matching right period.
Key Points
  • Regis Resources Limited has decided not to submit a counterproposal to Vault Minerals Limited.
  • Genesis Minerals Limited has proposed a scheme of arrangement for acquiring Vault Minerals Limited.
  • The proposal by Genesis has been declared a 'Vault Superior Proposal' by the Vault Board.
  • Vault cannot enter into a binding agreement with Genesis until the expiry of the matching right period under the Regis SID.
  • The terms of the Genesis Superior Proposal remain unchanged and open for acceptance until 14 July 2026.
  • A further announcement and investor presentation will be released following the termination of the Regis SID.
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.