Shares of Peak Rare Earths Rise After Tanzanian Approval for Shenghe Deal

MT Newswires Live

Sep 19

Shares of Peak Rare Earths (ASX:PEK) rose over 2% in recent Friday trade after it said in a late Thursday filing that it had received key Tanzanian regulatory approvals for Shenghe Resources' proposed takeover, clearing a major condition precedent for the scheme of arrangement.

The company has received the necessary regulatory approvals from both the Fair Competition Commission and the Mining Commission of Tanzania, per the filing.

The scheme also depends on other conditions, including a positive expert report, Australian court approval, and no government restrictions or material adverse changes, the filing said.

The shareholders may oppose the scheme at the second court hearing on Sept. 19 by filing a notice of appearance and affidavit with the court, the filing added.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2568332512"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2568332512\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2568332512?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-19 10:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2568332512","market":"nz","top_or_hot":-1,"title":"Shares of Peak Rare Earths Rise After Tanzanian Approval for Shenghe Deal","media":"MT Newswires Live","content":"<html><body><p> Shares of <a href=\"https://laohu8.com/S/PEKN.AU\">Peak Rare Earths</a> (ASX:PEK) rose over 2% in recent Friday trade after it said in a late Thursday filing that it had received key Tanzanian regulatory approvals for Shenghe Resources' proposed takeover, clearing a major condition precedent for the scheme of arrangement.</p><p>The company has received the necessary regulatory approvals from both the Fair Competition Commission and the Mining Commission of Tanzania, per the filing.</p><p>The scheme also depends on other conditions, including a positive expert report, Australian court approval, and no government restrictions or material adverse changes, the filing said.</p><p>The shareholders may oppose the scheme at the second court hearing on Sept. 19 by filing a notice of appearance and affidavit with the court, the filing added.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shares of Peak Rare Earths Rise After Tanzanian Approval for Shenghe Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShares of Peak Rare Earths Rise After Tanzanian Approval for Shenghe Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-09-19 10:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Shares of <a href=\"https://laohu8.com/S/PEKN.AU\">Peak Rare Earths</a> (ASX:PEK) rose over 2% in recent Friday trade after it said in a late Thursday filing that it had received key Tanzanian regulatory approvals for Shenghe Resources' proposed takeover, clearing a major condition precedent for the scheme of arrangement.</p><p>The company has received the necessary regulatory approvals from both the Fair Competition Commission and the Mining Commission of Tanzania, per the filing.</p><p>The scheme also depends on other conditions, including a positive expert report, Australian court approval, and no government restrictions or material adverse changes, the filing said.</p><p>The shareholders may oppose the scheme at the second court hearing on Sept. 19 by filing a notice of appearance and affidavit with the court, the filing added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2568332512","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2568332512","pubTimestamp":1758249380,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Shares of Peak Rare Earths  rose over 2% in recent Friday trade after it said in a late Thursday filing that it had received key Tanzanian regulatory approvals for Shenghe Resources' proposed takeover, clearing a major condition precedent for the scheme of arrangement.The company has received the necessary regulatory approvals from both the Fair Competition Commission and the Mining Commission of Tanzania, per the filing.The scheme also depends on other conditions, including a positive expert report, Australian court approval, and no government restrictions or material adverse changes, the filing said.The shareholders may oppose the scheme at the second court hearing on Sept. 19 by filing a notice of appearance and affidavit with the court, the filing added.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","PEK.AU":"PEAK RARE EARTHS LTD","SKIS":"Peak Resorts, Inc."},"translate_title":"坦桑尼亚批准盛和交易后，匹克稀土股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SKIS":1.5,"PEK.AU":1},"content_text":"Shares of Peak Rare Earths (ASX:PEK) rose over 2% in recent Friday trade after it said in a late Thursday filing that it had received key Tanzanian regulatory approvals for Shenghe Resources' proposed takeover, clearing a major condition precedent for the scheme of arrangement.The company has received the necessary regulatory approvals from both the Fair Competition Commission and the Mining Commission of Tanzania, per the filing.The scheme also depends on other conditions, including a positive expert report, Australian court approval, and no government restrictions or material adverse changes, the filing said.The shareholders may oppose the scheme at the second court hearing on Sept. 19 by filing a notice of appearance and affidavit with the court, the filing added.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}