middle.news

Why Auking Mining Halted Its $16.2M Orion Merger Amid Cloncurry Delays

10:12am on Thursday 6th of November, 2025 AEDT Mining
Read Story

Why Auking Mining Halted Its $16.2M Orion Merger Amid Cloncurry Delays

10:12am on Thursday 6th of November, 2025 AEDT
Key Points
  • Orion secured financing but failed to complete Cloncurry asset purchase on schedule
  • Settlement delayed due to vendor’s outstanding condition precedent
  • Negotiations underway to extend settlement date
  • ASX listing rules triggered, halting Auking’s $16.2M Orion share acquisition
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about AKN
OPEN ARTICLE