13 July 2026 | Western Australia - Regis Resources has confirmed it will not submit a counterproposal to match the competing Genesis Minerals proposal for Vault Minerals.
Regis had previously entered into a Scheme Implementation Deed with Vault Minerals. However, Vault has determined that the Genesis proposal constitutes a “Vault Superior Proposal” under the terms of that agreement.
After reviewing the Genesis proposal, the Regis Board determined that the terms required to match it would not meet the value and return thresholds Regis applies to growth opportunities.
Regis said maintaining this discipline is fundamental to how the company creates long-term value for shareholders.