Aldebaran Resources and Centauri Minerals Announce Final Approval of Centauri's Listing on the TSX Venture Exchange
Aldebaran’s Centauri spin-out clears its final TSX-V hurdle, paving the way for a standalone listing and value unlock.
Aldebaran Resources Inc. and Centauri Minerals announced that the TSX Venture Exchange has granted final approval for Centauri’s common shares to list under the symbol "CENT". This listing is contingent upon the closing of a previously announced plan of arrangement on August 27, 2026.
Under the terms of the arrangement, Aldebaran shareholders will receive one new Aldebaran share and 0.10 of a Centauri share for each Aldebaran share held, with no action required on their part. Centauri shares will be halted on August 26, 2026, with trading anticipated to commence on August 31, 2026.
Centauri holds a 100% interest in approximately 40,000 hectares in Northern Argentina, including the Rio Grande gold-copper project, while Aldebaran retains its 80% interest in the Altar copper-gold project.
Aldebaran Resources Inc. (ALDE) has completed the final regulatory step in a multi-month corporate restructuring process. Shareholder approval was secured on August 7, 2026, and the Court of King's Bench of Alberta granted the final order shortly thereafter. The market had been pricing in the spin-out since the definitive arrangement agreement was announced in June 2026, making this approval an expected milestone rather than a surprise catalyst.
The transaction structurally unlocks value by creating a standalone exploration vehicle for Centauri's portfolio, allowing Aldebaran to focus capital and management attention on advancing the Altar project toward its pre-feasibility study. No new financial metrics, drilling results, or project updates are contained in this release. The material impact is administrative and procedural, confirming the timeline for the distribution of Centauri shares to existing Aldebaran shareholders.
Aldebaran Resources Inc. (ALDE) is a pre-revenue junior explorer focused on its flagship Altar copper-gold project in San Juan, Argentina. The company holds an 80% interest in Altar, with Sibanye-Stillwater holding the remaining 20% as a joint venture partner.
A 2025 Preliminary Economic Assessment (PEA) outlined a 48-year mine life, a US$2.0 billion after-tax NPV (8%), and a 20.5% IRR, based on a 60,000 tonnes per day flotation concentrator.
The company recently spun out its northern Argentina exploration portfolio (~40,000 hectares) into Centauri Minerals, which holds the advanced Rio Grande gold-copper project and several greenfield targets.