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Aston Minerals and Torque Metals Merger Approved by Shareholders

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Aston Minerals and Torque Metals Merger Approved by Shareholders

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Aston Minerals Ltd ( (AU:ASO) ) has provided an update.

Aston Minerals Limited and Torque Metals Limited have announced the approval of their proposed merger by Aston’s shareholders and optionholders. This merger, conducted via schemes of arrangement, will see Torque Metals acquire all fully paid ordinary shares and unlisted options of Aston Minerals. The approval marks a significant step forward in the merger process, with both the Share Scheme and Option Scheme receiving overwhelming support from the respective voters. This development is expected to enhance the operational capabilities and market positioning of the combined entity, pending the satisfaction of customary conditions.

More about Aston Minerals Ltd

Average Trading Volume: 1,233,258

Technical Sentiment Signal: Sell

Current Market Cap: A$24.61M

See more insights into ASO stock on TipRanks’ Stock Analysis page.

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