Minim-Martap Bauxite: A2MP's takeover bid for Canyon Resources fails to reach 75% threshold

Author: Investir au Cameroun PublicationPublished on: September 23, 2026Country: Australia

Business & Economy

Minim-Martap Bauxite: A2MP's takeover bid for Canyon Resources fails to reach 75% threshold

A2MP Investments' takeover bid for Canyon Resources has failed to reach the minimum 75% threshold. In an announcement on September 23, 2026, Canyon stated that all acceptances received are now void. A2MP had offered AUD 0.05 per share, valuing the company at approximately AUD 103.1 million.

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