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Cygnus said CAML’s Kazakhstan regulatory approval remains outstanding and it has sought a deferral of the Second Court Date. CAML re-submitted its application online on Sept. 18 and expects approval on or before Oct. 12, 2026; other conditions tied to options and rights are satisfied.
Cygnus Metals Limited said a condition for regulatory approval in Kazakhstan remains outstanding for its scheme. Central Asia Metals expects Kazakhstan regulatory approval on or before Oct. 12, 2026.
Cygnus Metals says the Kazakhstan regulatory approval condition remains outstanding for its scheme.
Central Asia Metals PLC (CAML) informed Cygnus Metals that it does not believe a condition precedent for the proposed acquisition of Cygnus will be satisfied by the Second Court Date. The outstanding condition precedent is Kazakhstan regulatory approval.