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Europa - proposed acquisition and ASX listing
Europa signed a binding SPA to acquire 100% of Antimony Ventures Europe (Pty) Ltd., gaining access to promising antimony and gold projects in Austria. The company plans to raise AUD4 million via a prospectus and list on the ASX, with a minimum subscription of AUD4 million. The acquisition includes an upfront payment of AUD25 000 and 5 million shares valued at AUD1 million, along with options and performance rights linked to exploration milestones. The projects are located in a historic mining district in Carinthia, Austria, with significant potential for critical and precious metals. The company plans to call for an EGM to be held in or about late July 2026 for the purposes of seeking shareholder approval to consolidate the company’s securities on a 10:1 basis; and issue incentive securities to Europa’s directors. The transaction is subject to conditions including due diligence, capital raise, and ASX approval, with completion expected by late August 2026. Europa intends to terminate its JSE listing post-transaction.
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