PNX Metals Limited (AU:PNX) has released an update.
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PNX Metals Limited has announced that the Australian Securities and Investments Commission has registered the Scheme Booklet for a proposed scheme of arrangement, recommending shareholders to vote in favor. Shareholders are encouraged to review the booklet and vote by attending the upcoming Scheme Meeting or via proxy, with key dates and instructions detailed within. The arrangement is moving forward with necessary approvals, including no objections from the Australian Foreign Investment Review Board, and is awaiting final court approval following shareholder consent.
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