ESSA Pharma Inc. Pursues Shareholder Value with Proposed Cash Distribution,PR Newswire Healthring


ESSA Pharma Inc. Pursues Shareholder Value with Proposed Cash Distribution

Vancouver, BC – July 23, 2025 – ESSA Pharma Inc. (NASDAQ: EPIX) has announced a significant development in its efforts to return value to its shareholders. The company has provided an update on its application to the Supreme Court of British Columbia for the approval of an interim order that would facilitate a cash distribution to its shareholders.

This application stems from the previously announced plan to wind down ESSA Pharma’s operations and distribute its remaining assets to its shareholders. The company, focused on the development of novel small molecule drug candidates for prostate cancer, has been diligently working through the necessary legal and regulatory processes to ensure a fair and orderly distribution of its capital.

The proposed interim order, if approved by the Court, would allow ESSA Pharma to make an initial cash distribution to its shareholders. This move signifies a tangible step towards realizing the value accumulated by the company on behalf of those who have invested in its journey. While the precise timing and amount of the distribution are subject to the Court’s approval and further company announcements, this development is likely to be welcomed by investors.

ESSA Pharma’s management has emphasized its commitment to transparency and its dedication to navigating this wind-down process with the utmost care and consideration for its shareholder base. The company has been actively engaging with legal counsel and regulatory bodies to ensure compliance with all applicable laws and regulations throughout this period.

Further details regarding the interim order and the subsequent cash distribution, including the definitive record date and distribution amount, will be communicated to shareholders directly by ESSA Pharma in due course. Investors are encouraged to monitor the company’s official press releases and filings for the most up-to-date information.

This proposed cash distribution represents a pivotal moment for ESSA Pharma Inc. as it concludes its operational phase and focuses on fulfilling its obligations to its shareholders. The company’s proactive approach in seeking court approval for this distribution underscores its commitment to a responsible and equitable conclusion of its corporate activities.


ESSA Pharma Inc. Provides Update on its Application to the Supreme Court of British Columbia for Approval of an Interim Order and Cash Distribution to Shareholders


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PR Newswire Healthring published ‘ESSA Pharma Inc. Provides Update on its Application to the Supreme Court of British Columbia for Approval of an Interim Order and Cash Distribution to Shareholders’ at 2025-07-23 20:51. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.

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