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Central Asia Metals: Australia Court Adjourns Hearing for Cygnus Deal to October

MT Newswires·09/23/2026 06:04:39
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06:04 AM EDT, 09/23/2026 (MT Newswires) -- Central Asia Metals (CAML.L) said Wednesday the Supreme Court of Western Australia adjourned the second court hearing for its planned acquisition of Cygnus Metals to Oct. 14. The adjournment will allow additional time to secure regulatory approval in Kazakhstan, which the metal production and exploration company expects by Oct. 12. Under the revised indicative timetable, the transaction is expected to take effect on Oct. 15, with implementation scheduled for Oct. 27.