Scheme Announced
Austral Resources Australia acquisition of Hammer Metals
A$80.7m equity value
Announced 7 Jul 2026 · ASX: HMX · A$0.087 in scrip per share · 71% premium
Advisers
Hammer Metals
Target
- Financial adviser
- Legal adviser
- Independent expert
- Valuation
Austral Resources Australia
Acquirer
- Financial adviser
- Legal adviser
- Target
- Hammer Metals
- Acquirer
- Austral Resources Australia
- Structure
- Scheme of arrangement
- Sector
- Copper and base metals
In the league tables
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Sources
- 7 Jul 2026 Non-Binding Indicative Proposal for Hammer Metals ASX
- 7 Jul 2026 Unsolicited, Non-binding Proposal from Austral Resources ASX
- 3 Aug 2026 Binding Proposal to Acquire Hammer Metals ASX
- 11 Aug 2026 Scheme Implementation Deed Executed to Acquire Hammer Metals ASX
- 11 Aug 2026 AR1: Scheme Implementation Deed Executed to Acquire Hammer ASX
- 2 Oct 2026 Results of First Court Hearing & Lodgement of Scheme Booklet ASX