Carnaby Shareholders Back Evolution Takeover As Copper Resource Grows 10%
Closing price · 2026-10-27: $0.785 · +1.95%
Carnaby shareholders approved Evolution Mining’s proposed acquisition, which remains subject to court approval and other conditions; eligible holders are due to receive Evolution shares under the scheme. The company also reported a 10% increase in its Greater Duchess copper-gold resource, while cash stood at approximately $8 million at quarter-end.