InvestSMART

Vault Minerals Limited (ASX:VAU)

ALERT: Price-sensitive ASX Announcement for VAU
Current share price for VAU : $4.620 -0.25 (-5.13%)+
Announcement
Release
13 Jul 2026 8:41AM
Price at Release
$4.870
Full Release
download
Summary
Vault Minerals Limited announced an update on its transaction status regarding the Regis Resources Limited transaction and a superior proposal received from Genesis Minerals Limited. The company had entered into a scheme implementation deed with Regis Resources, which included a matching right period. However, Regis decided not to submit a counterproposal, enabling Vault to terminate the agreement with Regis and proceed with the Genesis proposal. Vault intends to enter a definitive agreement with Genesis to fulfill the Genesis Proposal as soon as the Regis SID is terminated.
Key Points
  • Vault Minerals Limited received a superior proposal from Genesis Minerals.
  • Regis Resources Limited will not submit a counterproposal.
  • Vault intends to terminate the agreement with Regis.
  • Vault will enter a definitive agreement with Genesis.
  • The transaction involves a scheme of arrangement.
  • A break fee is payable to Regis upon termination of the agreement by Vault.
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.