Capricorn Metals to Acquire All Warriedar Shares Following Court Approval

• Warriedar Resources shares suspended from ASX trading
• Supreme Court of Western Australia approves acquisition scheme
• Capricorn Metals to acquire all issued securities in Warriedar
• Suspension effective from close of trading on 14 November 2025
• ASIC lodgement confirms legal completion steps

Court Approval Signals Major Acquisition

Warriedar Resources Limited (ASX, WA8) has reached a pivotal moment as its securities were suspended from trading on the Australian Securities Exchange at the close of business on 14 November 2025. This follows the Supreme Court of Western Australia’s approval of a scheme of arrangement, paving the way for Capricorn Metals Ltd to acquire all issued securities in Warriedar.

The court’s endorsement is a critical legal milestone, confirming that the acquisition process has met regulatory and shareholder requirements. The lodgement of these orders with the Australian Securities and Investments Commission (ASIC) formalises the transaction’s legal standing, setting the stage for Capricorn Metals to consolidate its position in the gold mining sector.

Implications for Shareholders and Market Dynamics

For Warriedar shareholders, the suspension of trading signals the end of independent market activity for their holdings, as ownership transitions to Capricorn Metals. While the announcement does not disclose detailed terms or financial considerations of the deal, the acquisition is likely to enhance Capricorn Metals’ asset portfolio and operational footprint in Western Australia’s gold mining landscape.

Market participants will be watching closely for subsequent updates on the integration process, potential synergies, and any strategic shifts Capricorn Metals may pursue post-acquisition. The consolidation reflects broader trends in the mining sector, where scale and resource control are increasingly critical to competitive positioning.

Next Steps and Market Watch

Investors and analysts should anticipate further disclosures regarding the completion timeline, shareholder communications, and operational plans. The suspension is a clear signal that the acquisition is entering its final phase, but the full impact on Capricorn Metals’ financials and strategy will unfold over the coming months.

Overall, this development underscores the dynamic nature of the ASX mining sector and the ongoing reshaping of company portfolios through strategic acquisitions.

Bottom Line?

Warriedar’s suspension marks a new chapter as Capricorn Metals prepares to integrate and expand its gold mining assets.

Questions in the middle?

• What are the financial terms and valuation metrics of the Capricorn Metals acquisition?
• How will Capricorn Metals integrate Warriedar’s operations and assets post-acquisition?
• What impact will this consolidation have on competition and exploration activity in Western Australia?