GUE Announces Terms for Share and Option Scheme as Part of Snow Lake Acquisition.
Global Uranium and Enrichment Limited (ASX: GUE) has outlined the terms for the proposed acquisition by Snow Lake Resources Ltd. Under the proposed transaction, Snow Lake will issue new shares and warrants in exchange for GUE’s fully paid ordinary shares and unlisted options. The Share Scheme Consideration will provide 0.018122 of a New Snow Lake Share for each GUE Share held at the Record Date, with the exchange rate adjusted for the USD/AUD rate.
Similarly, the Option Scheme Consideration will grant 0.018122 of a Snow Lake Scheme Warrant for each GUE option. The total issuance is expected to include approximately 6.67 million New Snow Lake Shares and 522,517 Snow Lake Warrants. Shareholder meetings to approve the schemes are set for 27 January 2026. The GUE Independent Directors have unanimously recommended approval, contingent on further conditions.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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GUE Announces Terms for Share and Option Scheme as Part of Snow Lake Acquisition.
Global Uranium and Enrichment Limited (ASX: GUE) has outlined the terms for the proposed acquisition by Snow Lake Resources Ltd. Under the proposed transaction, Snow Lake will issue new shares and warrants in exchange for GUE’s fully paid ordinary shares and unlisted options. The Share Scheme Consideration will provide 0.018122 of a New Snow Lake Share for each GUE Share held at the Record Date, with the exchange rate adjusted for the USD/AUD rate.
Similarly, the Option Scheme Consideration will grant 0.018122 of a Snow Lake Scheme Warrant for each GUE option. The total issuance is expected to include approximately 6.67 million New Snow Lake Shares and 522,517 Snow Lake Warrants. Shareholder meetings to approve the schemes are set for 27 January 2026. The GUE Independent Directors have unanimously recommended approval, contingent on further conditions.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au