Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%
Lithium
47.00
1.4%
Gold
2,628.00
0.09%
Copper
4.24
(0.14%)
Oil
68.06
(0.13%)
Bitcoin
89,229.44
10.92%
FTSE 100
8,125.19
0.65%
Nikkei 225
39,533.32
0.29%
Dow Jones
44,293.13
0.53%
Iron Ore
100.85
(1.67%)
USD/AUD
0.66
(0.07%)
Hang Seng
20,426.93
0.83%

92 Energy (ASX: $92E) completes merger scheme with ATHA Energy

Overview of 92 Energy Limited and ATHA Energy Corp. merger scheme


92 Energy Limited (ASX: $92E) has announced the successful completion of the merger scheme with ATHA Energy Corp. The Federal Court of Australia has approved the scheme of arrangement, leading to the acquisition of all fully paid ordinary shares in 92 Energy by ATHA Energy Corp. As a result, 92 Energy shares will be suspended from trading on the ASX, effective from the close of trading today, Thursday, 28 March 2024.

Executive commentary on the merger scheme


The merger scheme with ATHA Energy Corp marks a significant milestone for 92 Energy Limited. We believe that this strategic move will create value for our shareholders and provide opportunities for growth and development. We are committed to ensuring a smooth transition and delivering the scheme consideration to our shareholders in accordance with the approved orders by the Federal Court of Australia.

Summary of merger scheme and outlook


The merger scheme between 92 Energy Limited and ATHA Energy Corp has been declared legally effective, leading to the suspension of 92 Energy shares from ASX trading. Shareholders who hold 92 Energy shares as at 4:00pm (AWST) on Thursday, 4 April 2024 will receive 0.5834 ATHA common shares per 92 Energy share held. The company has provided an indicative timetable for the scheme and emphasized that any changes will be announced to the ASX. The successful completion of this merger scheme sets the stage for a new chapter in the company's journey and underscores its commitment to creating long-term value for its stakeholders.

| ASX
(+0%)
At close (AEDT)
Market cap
$
Volume
0
DY Yield
PE Ratio
52 Week Range
-
1YR Return
N / A

0 Comments
Inline Feedbacks
View all comments
Social Media Auto Publish Powered By : XYZScripts.com

Stock Piper AI Index Coming Soon!

Join our Newsletter to gain exclusive insight and be notified once we are live.

By clicking Subscribe, you agree to our Terms & Conditions

ASX News, First And Fast.

Get all the latest market updates straight to your inbox.

By clicking Subscribe, you agree to our Terms & Conditions