Genesis advances takeover of Vault Minerals stock

Published on 10/07/2026 at 05:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Genesis merger sets a November 11 vote for Vault Minerals stock. Fiscal 2026 net profit reached AUD 278.4 million and cash flow AUD 888.0 million.

Vault Minerals, AU0000355588, Illustration mit AI erstellt.

Vault Minerals Limited (ISIN AU0000355588) is advancing its proposed takeover by Genesis Minerals after a Western Australian court approved the next step toward a shareholder vote. According to NetNewsLedger on October 6, 2026, Vault announced on October 5 that the Supreme Court of Western Australia had approved the convening of the scheme meeting. The meeting is scheduled for November 11, 2026.

Merger timetable reaches a vote

The proposed scheme would see Genesis acquire all Vault shares, subject to the remaining conditions and shareholder approval. The scheme booklet is expected to be dispatched on October 13, 2026, and the transaction timetable points to court and implementation steps later in November, according to The Globe and Mail on October 6, 2026.

For investors, the November 11 meeting is the next measurable milestone because it moves the proposal from court approval of the process to a shareholder decision. The board has recommended the scheme, subject to the transaction conditions described in the reported timetable.

Fiscal 2026 earnings provide scale

Vault's fiscal 2026 statutory net profit after tax was AUD 278.4 million, while underlying EBITDA reached AUD 953.3 million, according to Kapitales on September 11, 2026. Operating cash flow was AUD 888.0 million in fiscal 2026, giving the merger discussion a substantial cash-generation reference.

Metal sales revenue reached AUD 1.88 billion in fiscal 2026, compared with AUD 1.43 billion in fiscal 2025. The comparison shows how higher realized gold prices supported revenue even as gold sales fell to 334,904 ounces from 385,232 ounces.

ASX quote and merger milestone

On the ASX, Vault Minerals was last quoted at AUD 5.99 on October 6, 2026, versus a prior close of AUD 5.88. The finance quote places market capitalization at AUD 6.2 billion on October 7, 2026, while the 52-week range is AUD 3.58 to AUD 7.17.

Lang & Schwarz lists a prior close of EUR 3.73 for October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Vault Minerals stock.