PEX: Court approves Scheme of Arrangement
Filed with ASX · · 2 pages · English
Summary by 6ix AI
The scheme will become legally effective upon lodgement of the court's orders with the Australian Securities and Investments Commission. Peel shareholders registered by a specified date will be entitled to receive scheme consideration and a demerger distribution. Key dates for the implementation of the scheme and demerger are outlined in the announcement.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Peel Mining
- PEX: Peel Shareholders vote in favour of Scheme and Demerger
- PEX: Scheme Booklet registered with ASIC
- PEX: Court approves convening of Scheme Meeting and Booklet
- New Cobar Basin Tenement Granted, Drilling Fast-tracked
- Significant wide silver-rich intercepts at Southern Nights
Later from Peel Mining
- Peel Mining Scheme of Arrangement Approved by Court
- Scheme of Arrangement becomes legally effective
- Suspension from Quotation
- Implementation of Demerger
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