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The latest update is out from Intra Energy Corporation Limited ( (AU:BTM) ).
Breakthrough Minerals has secured a waiver from ASX Listing Rule 14.7, allowing it to issue 41,500,000 consideration shares and 15,000,000 performance rights beyond the standard three‑month window tied to shareholder approval. The securities form part of the consideration for the Dingo Acquisition, which was approved in December 2025.
Completion of the Dingo Acquisition has been delayed by third‑party financing negotiations and pending tenement transfer approvals from Queensland government departments. The waiver permits issuance of the consideration securities no later than the earlier of Queensland mining department approval or 2 April 2026, ensuring the transaction can proceed without breaching listing rules while keeping investors informed about the timing and reasons for the delay.
More about Intra Energy Corporation Limited
Breakthrough Minerals Limited is an Australian exploration and mining company listed on the ASX. The company is focused on expanding its resource portfolio through acquisitions, including the Dingo project in Queensland, as it seeks to build its position in the minerals sector.
Average Trading Volume: 257,548
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$19.08M
For detailed information about BTM stock, go to TipRanks’ Stock Analysis page.