Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 26 years of covering Asia Pacific equities, the past 20 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

ASM (ASM AU) Delays Scheme Vote As Energy Fuels Secures Conditional Pentagon Funding

ASM (ASM AU): More Scheme Delays As Energy Fuels Inks Large German Deal

Australian Strategic Materials (ASM AU): Rescheduled Vote On 12th August For Energy Fuel's Scheme

Australian Strategic Materials (ASM AU) Enters Scheme With Energy Fuels (UUUU US)

Quiddity Advisors

Event-Driven

Australian Strategic Materials / Event-Driven

<ul>
<li>Back on the 21st Jan 2026, rare earth play <a href="https://www.smartkarma.com/entities/australian-strategic-materials" target="_blank" data-smartkarma-citation="entities:30815:1" rel="noopener">Australian Strategic Materials (ASM AU)</a> ("ASM") entered into a Scheme with <a href="https://www.smartkarma.com/entities/energy-fuels-inc" target="_blank" data-smartkarma-citation="entities:12230:1" rel="noopener">Energy Fuels (UUUU US)</a>. </li>
<li>Energy Fuels offered 0.053 new Energy Fuel shares PLUS an unfranked dividend up to A$0.13/share, or A$1.60/share all-in, a 121% premium to undisturbed. Ian Gandal, ASM's largest shareholder, was supportive.</li>
<li>
<a href="https://announcements.asx.com.au/asxpdf/20260518/pdf/06zplyjb1dl7hh.pdf" target="_blank" rel="noopener">The Scheme Booklet is now out</a>, with a Scheme Meeting on the 22nd June, and expected implementation on the 7th July 2026. The IE (BDO) says "fair &amp; reasonable".</li>
</ul>


Back on the 21st Jan 2026, rare earth play Australian Strategic Materials (ASM AU) ("ASM") entered into a Scheme with Energy Fuels (UUUU US). 
Energy Fuels offered 0.053 new Energy Fuel shares PLUS an unfranked dividend up to A$0.13/share, or A$1.60/share all-in, a 121% premium to undisturbed. Ian Gandal, ASM's largest shareholder, was supportive.

The Scheme Booklet is now out, with a Scheme Meeting on the 22nd June, and expected implementation on the 7th July 2026. The IE (BDO) says "fair &amp; reasonable".


Australian Strategic Materials (ASM AU): 22nd June Vote On Energy Fuel's Scheme