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Carawine Resources Ltd. ( (AU:CWX) ) has issued an announcement.
Carawine Resources Limited has announced that the Federal Court of Australia has approved the compulsory acquisition of its remaining shares by its major shareholder, QGold Pty Ltd. This decision allows QGold to proceed with acquiring all ordinary shares it does not already own for $0.11 per share. Consequently, Carawine’s securities will be suspended from trading on the ASX on 9 October 2025, with the company set to be delisted thereafter. Shareholders are advised to update their details and communication preferences as the company prepares to finalize the acquisition process.
More about Carawine Resources Ltd.
Carawine Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker CWX.
Average Trading Volume: 28,241
Technical Sentiment Signal: Sell
Current Market Cap: A$21.25M
See more insights into CWX stock on TipRanks’ Stock Analysis page.