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QGold Lifts Final Offer for Venus Metals and Extends Takeover Deadline

Story Highlights
  • QGold has increased its all-cash takeover bid for Venus Metals from $0.17 to $0.21 per share.
  • The offer period for QGold’s on-market bid now runs until 30 January 2026, with no further extension expected beyond legal requirements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
QGold Lifts Final Offer for Venus Metals and Extends Takeover Deadline

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Venus Metals Corporation Limited ( (AU:VMC) ) has shared an announcement.

QGold Pty Ltd, through broker Ord Minnett, has varied its unconditional on-market all-cash takeover offer for all Venus Metals Corporation Limited shares it does not already own, raising the bid price from $0.17 to $0.21 per share and declaring this its last and final price. The offer period has also been extended to 4:00pm Sydney time on 30 January 2026, with no further extensions expected beyond legal requirements, signalling a firmer closing timetable for Venus Metals shareholders considering whether to accept the improved bid.

The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.

More about Venus Metals Corporation Limited

Venus Metals Corporation Limited is an Australian-listed company engaged in the exploration and development of mineral resources, with its ordinary shares traded on the ASX. The company operates within the mining and resources sector, and its shareholder base is currently the target of an on-market takeover bid by QGold Pty Ltd.

Average Trading Volume: 600,008

Technical Sentiment Signal: Buy

Current Market Cap: A$41.49M

See more data about VMC stock on TipRanks’ Stock Analysis page.

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