Cygnus Metals Limited shareholders approved Central Asia Metals PLC’s proposed acquisition of all Cygnus shares through a scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth). Voting at the September 18 Scheme Meeting passed the resolution with 81.38% of shareholders present and voting in favour, 98.35% of all votes cast in favour and 97.88% support under the Minority Approval Vote. Cygnus will seek Supreme Court of Western Australia approval at 2:15pm AWST on September 23, subject to the remaining conditions, including outstanding Kazakhstan regulatory approval. If approved, the company expects to lodge the court orders with ASIC on September 24, become effective that day and implement the transaction on October 5, when new Central Asia Metals shares are expected to begin trading on AIM.