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Aston Minerals Ltd ( (AU:ASO) ) has provided an announcement.
Aston Minerals Limited has announced the effectiveness of its merger with Torque Metals Limited through schemes of arrangement. The merger, approved by the Supreme Court of Western Australia, involves Torque acquiring all Aston shares and options. As a result, Aston’s securities will be suspended from trading on the ASX, and shareholders will receive Torque shares in exchange for their Aston holdings. The implementation of the schemes is scheduled for June 10, 2025, marking a significant step in Aston’s strategic realignment and potentially impacting its market positioning.
More about Aston Minerals Ltd
Aston Minerals Limited is a company involved in the mining industry, focusing on mineral exploration and development. Its primary products include minerals and resources, and it operates within the Australian market.
Average Trading Volume: 1,334,679
Technical Sentiment Signal: Sell
Current Market Cap: A$32.38M
For an in-depth examination of ASO stock, go to TipRanks’ Stock Analysis page.