Brief: Peak Rare Earths To Be Acquired By A Unit Of Shenghe Resources

Peak Rare Earths

15/05/2025 24:46

May 15 (Reuters) - Peak Rare Earths Ltd PEK.AX:

PEAK TO BE ACQUIRED BY SHENGHE

CHENGUANG HAS AGREED TO PAY A$150.5 MILLION

WILL UNDERTAKE ENTITLEMENT OFFER TO RAISE UP TO A$7.5 MILLION AT A$0.10 PER NEW PEAK ORDINARY SHARE

PEAK AND GANZHOU CHENGUANG RARE EARTHS NEW MATERIAL ENTERED INTO BINDING SCHEME IMPLEMENTATION DEED

Further company coverage: PEK.AX

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