Spectre Metals
AnnouncedAUExplores for zinc, gold and silver in the Cobar Basin of New South Wales, Australia, including the Southern Nights zinc deposit and the May Day gold-silver deposit.
Spectre Metals holds Peel Mining's non-copper Cobar Basin assets, including the Southern Nights zinc-equivalent complex (10.0Mt at 8.2% ZnEq) and the May Day gold-silver deposit, plus about A$5m of cash.
- Status
- Announced
- Expected
- Pending IPO (targeted Q3 2026, not yet listed)
- Parent
- Peel Mining (acquired by Aeris Resources) (PEX AU)
- Spin-off ticker
- To be announced
- Listing
- ASX
- Market
- Australia
- Sector
- Materials
Terms
Distribution already done: Peel demerged Spectre on 30 June 2026 by capital reduction and in-specie distribution of 100% of Spectre at 1 Spectre share for every 4.4591 Peel shares, the day before Aeris Resources' scheme acquisition of Peel. Spectre shares stay on issuer-sponsored holdings until Spectre completes a proposed underwritten IPO and ASX listing, originally targeted for Q3 CY2026, with no date announced.
Key dates
- Aeris scheme and demerger announced
- Scheme booklet dispatched
- Demerger and scheme meetings
- Demerger record date
- Demerger implemented
- Aeris scheme implemented
- Spectre IPO and ASX listing
Source documents
- Press releaseImplementation of demerger (06/30/26)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- Sourceannouncements.asx.com.au (demerger meeting, 06/15/26)
- SourcePeel quarterly report (04/20/26)
- Sourcehamiltonlocke.com.au
- Sourcesupport.class.com.au (corporate actions log)
Every Spin-Off research
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