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TREK METALS LIMITED — M&A Activity 2022
Oct 26, 2022
65923_rns_2022-10-26_c7964992-33bb-43f4-9074-e717a4324f43.pdf
M&A Activity
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27 OCTOBER 2022 ASX/MEDIA RELEASE
Court Approves Acquisition of Edge Minerals Limited
Further to its ASX Release of 21 October 2022, Trek Metals Limited (ASX: TKM) ( Trek or the Company ) is pleased to advise that the Supreme Court of Western Australia (“Court”) has made orders approving the Scheme of Arrangement by which Trek will acquire the issued shares in Edge Minerals Limited.
It is expected that Edge will lodge a copy of the Court’s orders with the Australian Securities and Investments Commission, at which time the Scheme will become legally effective.
The key dates expected for the Scheme are set out below:
| The key dates expected for the Scheme are set out below: | |
|---|---|
| Effective Date of the Scheme | 27 October 2022 |
| Trading in New Trek Shares issued as Scheme Consideration to commence on a deferred settlement basis |
28 October 2022 |
| Record Date for determining entitlements to the Scheme Consideration |
1 November 2022 |
| Implementation Date for the issue of Scheme Consideration to Edge Scheme Shareholders |
8 November 2022 |
| Trading in New Trek Shares issued as Scheme Consideration to commence on a normal (T+2) basis |
8 November 2022 |
Authorised by the Board.
ENDS
For further information contact:
| ENDS For further information contact: |
ENDS For further information contact: |
ENDS For further information contact: |
|---|---|---|
| INVESTORS: MEDIA: |
||
| Derek Marshall John Young Nicholas Read [email protected] [email protected] 0419 929 046 |
||
| REGISTERED OFFICES– TREK METALS LIMITED ARBN 124 462 826 | ||
| Australia Suite 5/2 Centro Avenue Subiaco Western Australia 6008 |
Bermuda Vallis Building, 4th Floor 58 Par-la-Ville Road Hamilton HM 11 |
Postal Address P.O Box 8209 Subiaco East Western Australia 6008 |
ASX TKM | TREKMETALS.COM.AU | T Ph 08 6383 7844 | E [email protected] | 1