Warriedar securityholders overwhelmingly approve Capricorn Metals acquisition

Warriedar Resources Limited (ASX: WA8) confirmed today that both the Share Scheme Resolution and Option Scheme Resolution were passed by the requisite majorities of Warriedar securityholders. At the Share Scheme Meeting, 68.64% of shareholders present voted in favour, representing 88.62% of total votes cast. Similarly, at the Option Scheme Meeting, 77.59% of listed optionholders present voted in favour, accounting for 89.89% of total votes cast.

Warriedar will now apply to the Supreme Court of Western Australia for approval of the schemes at a hearing scheduled for 10:30am (AWST) on Thursday, 13 November 2025. Following court approval, the schemes are expected to become effective on Friday, 14 November 2025, with Warriedar shares suspended from trading on ASX by close of business on that date.

The schemes are anticipated to be implemented on Tuesday, 25 November 2025. Capricorn Metals Ltd (ASX: CMM) will then issue new Capricorn shares and options, with Warriedar to be delisted from the ASX on Wednesday, 26 November 2025. Warriedar's current market capitalisation is A$287m, with A$19.0m cash and zero debt as of 30 September 2025.