Base Resources (AU:BSE) has released an update.
Base Resources Limited has announced the Federal Court’s approval of its acquisition by Energy Fuels Inc., and anticipates the scheme’s legal effect after lodgment with the Australian Securities & Investments Commission. Share trading on the ASX and AIM will be suspended post-approval. Additionally, a special dividend of AUD 6.5 cents per share is announced, payable to shareholders ahead of the company’s delisting following the acquisition completion.
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