Base Resources (AU:BSE) has released an update.
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Base Resources Limited has announced that their proposed combination with Energy Fuels Inc. has received FIRB approval, meeting a major condition for the merger. The finalization of the deal is pending approval from the Malagasy Competition Council and the endorsement by Base Resources’ shareholders during the upcoming meeting on September 5, 2024. This union is a significant move for the Australian-based mineral sands producer, looking to expand its operational portfolio.
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