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Bastion Mining Advances Takeover of Xanadu Mines

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Bastion Mining Advances Takeover of Xanadu Mines

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Xanadu Mines Ltd ( (AU:XAM) ) has shared an update.

Bastion Mining Pte. Ltd. has announced the fulfillment of conditions for its off-market takeover bid for Xanadu Mines Limited, a company listed on the ASX. The takeover offer, which seeks to acquire all ordinary shares of Xanadu Mines that Bastion does not already own, is now free of all defeating conditions, indicating a significant step forward in the acquisition process.

More about Xanadu Mines Ltd

Average Trading Volume: 8,708,853

Technical Sentiment Signal: Buy

Current Market Cap: A$181M

See more data about XAM stock on TipRanks’ Stock Analysis page.

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