Scheme Completed
Pan African Resources acquisition of Emmerson Resources
A$300m equity value
Announced 9 Mar 2026 · ASX: ERM · A$0.45 in scrip per share
Advisers
Emmerson Resources
Target
- Financial adviser
- Legal adviser
- Independent expert
- Valuation
Pan African Resources
Acquirer
Other advisers
- Legal adviser
- Target
- Emmerson Resources
- Acquirer
- Pan African Resources
- Structure
- Scheme of arrangement
- Completed
- 1 Jul 2026
- Sector
- Gold and silver
In the league tables
- M&A financial advisers, 2026 to date Treadstone Resource Partners #22
- M&A financial advisers, completed, 2026 to date Treadstone Resource Partners #16
- M&A legal advisers, 2026 to date Corrs Chambers Westgarth #8 · Thomsons #13
- M&A legal advisers, completed, 2026 to date Thomsons #8 · Corrs Chambers Westgarth #9
- Independent experts, 2026 to date BDO #1
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Sources
- 9 Mar 2026 Emmerson to be Acquired by Pan African Resources ASX
- 17 Mar 2026 Corrs advises Pan African Resources on A$311 million acquisition of Emmerson Resources corrs.com.au
- 20 Mar 2026 Corrs advises on $311m Emmerson buyout thelawyermag.com
- 21 Apr 2026 Amended and Restated Scheme Implementation Deed ASX
- 8 May 2026 First Court Hearing Results & Scheme Booklet ASIC Registered ASX
- 22 Jun 2026 Registered Scheme Booklet ASX
- 24 Jun 2026 Emmerson Resources and Pan African Resources Agree to A$300 Million All-Scrip Merger globallegalchronicle.com
- 1 Jul 2026 Implementation of the Scheme ASX

