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Court Greenlights Shenghe’s $0.443 Cash Bid for Peak Rare Earths

2:01pm on Friday 19th of September, 2025 AEST Mining
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Court Greenlights Shenghe’s $0.443 Cash Bid for Peak Rare Earths

2:01pm on Friday 19th of September, 2025 AEST
Key Points
  • Supreme Court approves Scheme of Arrangement for Shenghe’s acquisition
  • Cash consideration set at no less than $0.443 per Peak share
  • Scheme becomes legally effective on 19 September 2025
  • Peak shares to be suspended from ASX trading the same day
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