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GUE Sets Snow Lake Share Swap Terms Ahead of Crucial Vote

10:22am on Friday 23rd of January, 2026 AEDT Mining
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GUE Sets Snow Lake Share Swap Terms Ahead of Crucial Vote

10:22am on Friday 23rd of January, 2026 AEDT
Key Points
  • Share Scheme Consideration set at 0.018122 Snow Lake shares per GUE share
  • Option Scheme Consideration involves 522,517 Snow Lake warrants at US$5.56 exercise price
  • Cancellation of 21.7 million GUE Placement Options in exchange for 393,108 Snow Lake warrants
  • Independent directors unanimously recommend voting in favour, pending no superior proposal
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