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Asset Management Mining & Metals Grit Investment Trust

Grit Investment Trust abandons Nabirm Global reverse takeover

GRIT has terminated its planned reverse takeover of Nabirm Global, leaving the investment trust suspended on the Official List while its board weighs alternative options.

by tickstock newsroom
The image features a glowing neon blue sign that clearly states 'EXIT' with an arrow pointing to the right. The backdrop is dark, highlighting the brightness of the neon lighting. — Credit: Photo by Dustin Tramel on Unsplash c Photo by Dustin Tramel on Unsplash

Grit Investment Trust (Official List:GRIT) has walked away from its proposed reverse takeover of Nabirm Global, nearly eleven months after the deal was first announced in August 2025.

The board of the resources-focused investment trust said it is now considering alternative paths, including a possible acquisition in the resources sector, but has not identified a specific target or committed to a timeline.

Shares in GRIT remain suspended on the Official List pending a resolution.

by tickstock newsroom