Central Asia Metals Set to Receive Kazakhstan's Approval for Cygnus Metals Deal

03:41 AM EDT, 09/14/2026 (MT Newswires) -- Central Asia Metals (CAML.L) said Monday that one of the pending conditions for its planned acquisition of its dual-listed peer Cygnus Metals is expected to be satisfied by Oct. 1. The metal production and exploration company requires Kazakhstan's consent for the issue of new shares, which it expects to receive by Oct. 1. Central Asia Metals has already secured shareholder approval and the North Macedonian merger clearance for the deal. Cygnus Metals' scheme meeting for the proposed transaction is scheduled for Friday, while the second court hearing is expected to be held on Sept. 23. In case Kazakhstan's approval is not received before the court hearing, Cygnus may apply to the court to defer the hearing date.