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How Will Aeris’ $214M Peel Acquisition Extend Tritton’s Mine Life Beyond 10 Years?
9:50am on Thursday 12th of February, 2026 AEDT
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Mining
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How Will Aeris’ $214M Peel Acquisition Extend Tritton’s Mine Life Beyond 10 Years?
9:50am on Thursday 12th of February, 2026 AEDT
Key Points
Aeris to acquire Peel’s South Cobar Copper Project via Scheme of Arrangement
Deal values Peel at A$214 million, a 46% premium to Peel’s closing price
Tritton mine life extended to over 10 years with improved operational flexibility
Peel shareholders receive Aeris shares and shares in a new ASX-listed exploration company (NewCo)
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