First Au Limited Completes Dispatch of Bidder's Statement for Javelin Minerals Takeover Bid

Aakashdeep

09 November 2026 03:33 PM AEDT

First Au Limited Completes Dispatch of Bidder's Statement for Javelin Minerals Takeover Bid

Image Source: Krish Capital Pty Ltd

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Javelin Minerals Limited (ASX:JAV) has been the subject of an off-market takeover bid by First Au Limited (ASX:FAU), with First Au confirming on 9 November 2026 that it has completed the dispatch of its bidder's statement dated 2 November 2026 to all registered holders of fully paid ordinary shares and options in Javelin Minerals.

Key Points

First Au Limited completed dispatch of its bidder's statement to Javelin Minerals securityholders on 9 November 2026
The offer terms provide 0.5882 new First Au shares for every 1 Javelin share held, and 0.5882 new First Au options for every 1 Javelin option held
The register of target securityholders was set as at 5:00pm (Perth time) on 2 November 2026
The offers close at 4:00pm (AWST) on 14 December 2026, unless extended or withdrawn

Takeover Bid Structure and Offer Terms

First Au Limited has made an off-market takeover bid under Chapter 6 of the Corporations Act 2001 (Cth) to acquire all fully paid ordinary shares and options in Javelin Minerals Limited. The offer consideration is 0.5882 new First Au shares for every one Javelin share held, and 0.5882 new First Au options for every one Javelin option held. The bidder's statement, which contains the full terms and conditions of the offers, was dated 2 November 2026 and lodged with the Australian Securities and Investments Commission on the same date. The notice of completion of dispatch was signed by Daniel Raihani, Managing Director of First Au Limited.

Dispatch Method and Eligible Offerees

The bidder's statement was dispatched to all persons registered as holders of Javelin Minerals securities as at 5:00pm (Perth time) on 2 November 2026, the date set by First Au under section 633(2) of the Corporations Act. Dispatch was carried out in accordance with section 110D of the Corporations Act. Securityholders who had provided an electronic address received an email with a link to an electronic copy of the bidder's statement. Those without a registered electronic address were sent a letter to their registered postal address providing a link to an electronic copy of the document.

Offer Closing Date and Target's Statement

The offers are scheduled to close at 4:00pm (AWST) on 14 December 2026, unless extended or withdrawn. Javelin Minerals also lodged a target's statement with ASIC on 2 November 2026. The bidder's statement and target's statement, along with personalised acceptance forms, are accessible to securityholders through the Automic Share Registry portal. The access letter directed to Javelin shareholders and optionholders was signed by Daniel Raihani in his capacity as Executive Chairman of First Au Limited, and urged recipients to read both statements carefully before acting.

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