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Peak Rare Earths Limited ( (AU:PEK) ) just unveiled an announcement.
Peak Rare Earths Limited announced that it has registered a Scheme Booklet with the Australian Securities and Investments Commission regarding a proposed acquisition by Shenghe Resources of all shares in Peak not already held by Shenghe. The Scheme has been deemed fair and reasonable by an independent expert, and the Peak Independent Board Committee recommends shareholders vote in favor of it, barring any superior proposals. The Scheme Meeting is scheduled for September 16, 2025, where shareholders will vote on the arrangement.
More about Peak Rare Earths Limited
Peak Rare Earths Limited is a company operating in the rare earths industry, focusing on the exploration and development of rare earth projects. The company is primarily involved in producing rare earth elements, which are critical components in various high-tech and green technologies.
YTD Price Performance: 219.05%
Average Trading Volume: 1,585,304
Technical Sentiment Signal: Hold
Current Market Cap: A$144.2M
See more data about PEK stock on TipRanks’ Stock Analysis page.