Latest Wa8 News

Warriedar Resources has completed its acquisition by Capricorn Metals through a court-approved scheme, with shareholders exchanging their shares for Capricorn stock. The takeover triggers Warriedar’s removal from the ASX next week.

Warriedar Resources Limited’s shares will be suspended from trading following court approval of Capricorn Metals’ acquisition scheme, marking a significant consolidation in Western Australia’s gold mining sector.

Capricorn Metals Ltd has officially completed its acquisition of Warriedar Resources Limited through a court-approved scheme of arrangement, marking a significant consolidation in the gold mining sector.

The Supreme Court of Western Australia has approved the share and option schemes for Capricorn Metals’ acquisition of Warriedar Resources, setting the stage for a significant consolidation in the gold exploration sector.

Warriedar Resources shareholders have overwhelmingly approved a scheme of arrangement for acquisition by Capricorn Metals, clearing a key hurdle ahead of final court approval and delisting.

Warriedar Resources reports robust drilling results confirming extensions of high-grade gold and antimony mineralisation at key Western Australian projects, alongside an increased acquisition offer from Capricorn Metals.

Warriedar Resources Limited has increased the consideration offered to shareholders and optionholders in its proposed acquisition by Capricorn Metals Limited. An independent expert has affirmed the revised terms as fair and reasonable, with the Warriedar board unanimously recommending approval.

Warriedar Resources has reported robust assay results from 50 drillholes at its Ricciardo deposit, confirming continuity of high-grade gold and antimony mineralisation within its Golden Range Project. The ongoing drilling program aims to further enhance resource confidence and potential growth.

Capricorn Metals has increased its offer to acquire Warriedar Resources, raising the share exchange ratio and securing unanimous board support. The revised terms enhance value for Warriedar shareholders ahead of upcoming votes.

Warriedar Resources has sent out the Scheme Booklet to shareholders detailing its proposed acquisition of Capricorn Metals, with the Board unanimously recommending approval. Key meetings and court dates are set as the company moves toward a significant corporate milestone.

Warriedar Resources Limited (ASX, WA8) has moved closer to acquisition by Capricorn Metals Ltd (ASX, CMM) through a court-approved scheme offering Warriedar shareholders a significant premium. The transaction promises exposure to Capricorn's producing assets and diversification benefits.

Warriedar Resources has received ASIC approval to delay its 2025 AGM until January 2026, allowing time for critical shareholder votes on proposed share option schemes tied to a Capricorn Metals acquisition.