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News 2026-10-14 14:07 UTC

Court approves Central Asia Metals' takeover scheme for Cygnus Metals

Western Australia's Supreme Court today approved a scheme for Central Asia Metals to acquire 100% of Cygnus Metals' shares. The scheme is expected to become effective October 15, 2026, with ASX and TSXV trading suspended at that day's close. Implementation is scheduled for October 27, 2026; eligible scheme shareholders