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Peak Rare Earths Limited (ASX:PEK)

ALERT: Price-sensitive ASX Announcement for PEK
Current share price for PEK : $0.440 0 (0%)+
Announcement
Release
19 Sep 2025 7:03PM
Price at Release
$0.440
Full Release
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Summary
On 19 September 2025, Peak Rare Earths Limited announced that its securities would be suspended from quotation on the ASX following the Supreme Court of NSW's approval of a scheme of arrangement. This scheme allows Shenghe Resources (Singapore) Pte. Ltd. to acquire all issued shares of PEK. The suspension of quotation is requested pending the implementation of the scheme, which is expected to occur by 30 September 2025. It will remain in place until Peak requests to be removed from the official list of the ASX post-implementation. Peak has advised that there are no other reasons for the suspension apart from the pending implementation.
Key Points
  • Peak Rare Earths Limited's securities to be suspended from quotation on ASX.
  • Suspension follows Supreme Court of NSW's approval of a scheme of arrangement.
  • Shenghe Resources (Singapore) Pte. Ltd. to acquire all issued shares in PEK.
  • Suspension requested pending implementation of the scheme, expected by 30 September 2025.
  • Suspension remains until PEK is removed from ASX's official list post-implementation.
  • No reasons identified why quotation should not be suspended.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.