Renergen and ASP Isotopes Scheme Progress Update

By Philip Seaworth • Friday, November 28 15:31 • Permanent Link

Renergen Limited and ASP Isotopes Inc. have provided an update on the progress of their Scheme of Arrangement. Key milestone transaction approvals have been received, including the approval from the Competition Commission, allowing the companies to plan integration processes and begin collaborating. The written consent to the transfer of Renergen Shares in terms of the Offer has been obtained from the Industrial Development Corporation of South Africa and the United States International Development Finance Corporation, fulfilling the relevant Offer Condition set out in the Circular.

The deadline for the fulfilment of the remaining Conditions has been extended to 30 January 2026, and both Renergen and ASP Isotopes remain engaged in working together to obtain the required approvals as quickly as possible.

In terms of the ASPI Funding Arrangements, the date for Renergen’s repayment of the funding advanced to it has been extended to 30 January 2026.

Today the company's shares have moved 5.07% to a price of $6.22. For more information, read the company's full 8-K submission here.

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