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ASX Waives Shareholder Approval for Toro Energy Option Cancellation Ahead of IsoEnergy Deal
8:44am on Wednesday 22nd of April, 2026 AEST
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ASX Waives Shareholder Approval for Toro Energy Option Cancellation Ahead of IsoEnergy Deal
8:44am on Wednesday 22nd of April, 2026 AEST
Key Points
ASX grants waiver for cancellation of 4.4 million unlisted options
Cancellation conditional on IsoEnergy acquisition scheme becoming effective
Waiver removes need for shareholder approval on option cancellation
Scheme involves IsoEnergy acquiring 100% of Toro's ordinary shares
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