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Hammer Wins ASX Approval for Austral Deal Structure and Gold Split
8:24am on Wednesday 9th of September, 2026 AEST
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Mining
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Hammer Wins ASX Approval for Austral Deal Structure and Gold Split
8:24am on Wednesday 9th of September, 2026 AEST
Key Points
ASX waiver for cancellation of 29.5 million Hammer options
A$1.21 million maximum option cancellation consideration
3 million performance rights linked to 3.87 million Austral shares
Capital reduction may take Hammer shares below 20 cents
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