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Canyon Resources Independent Board Committee Urges Shareholders to Hold on A2MP Takeover Bid
9:39am on Tuesday 11th of August, 2026 AEST
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Canyon Resources Independent Board Committee Urges Shareholders to Hold on A2MP Takeover Bid
9:39am on Tuesday 11th of August, 2026 AEST
Key Points
Independent Board Committee formed excluding A2MP-affiliated directors
Takeover bid priced 42.5% below last traded share price
Committee engaging top-tier legal and financial advisers
Shareholders advised to await formal recommendation before acting
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Canyon Resources (ASX:CAY)
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