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Blackstone Minerals Attributes Share Price Rise to Anticipated Merger

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Blackstone Minerals Attributes Share Price Rise to Anticipated Merger

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An update from Blackstone Minerals Ltd ( (AU:BSX) ) is now available.

Blackstone Minerals Limited has responded to an ASX query regarding a recent increase in its share price, attributing the change to anticipation surrounding a Scheme of Arrangement with IDM International. The merger, which was approved by Blackstone shareholders, is nearing completion, with IDM International’s shareholder meeting scheduled for June 10, 2025. The company also confirmed compliance with ASX listing rules and detailed its confidentiality protocols for exploration results, ensuring secure handling of assay data.

More about Blackstone Minerals Ltd

Blackstone Minerals Limited is a company operating in the mining industry, primarily focused on exploration and development of mineral resources. The company is involved in projects that include exploration programs and potential mergers to enhance its market position.

Average Trading Volume: 1,495,020

Technical Sentiment Signal: Buy

Current Market Cap: A$50.98M

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

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