IN BRIEF: Central Asia Metals wins approval for Cygnus acquisition

Related news

Central Asia Metals PLC - copper, zinc and lead producer and explorer with operations in Kazakhstan and North Macedonia - says the Australian Supreme Court has approved its all-share acquisition of 100% of Cygnus Metals Ltd. Cygnus has informed Central Asia Metals that the transaction is expected to become effective on October 15. Cygnus shareholders will receive the consideration due to them on the October 27 implementation date.

Central Asia Metals Chief Executive Officer Gavin Ferrar says: "CAML will thus represent a compelling combination of profitable production, development potential and exploration upside, with its shares trading on both the AIM market of the London Stock Exchange and the Toronto Stock Exchange."

Current stock price: 150.80 pence, down 0.5% on Wednesday in London

12-month change: up 5.3%

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Bids, mergers and takeovers

Ways to help you invest your money

Our investment accounts

Put your money to work with our range of investment accounts. Choose from ISAs, pensions, and more.

Need some investment ideas?

Let us give you a hand choosing investments. From managed funds to favourite picks, we’re here to help.

Read our expert tips and insights

Our investment experts share their knowledge on how to keep your money working hard across the markets.