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Court Approves Spartan Resources Acquisition by Ramelius

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Court Approves Spartan Resources Acquisition by Ramelius

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The latest announcement is out from Gascoyne Resources Limited ( (AU:SPR) ).

Spartan Resources Limited, an Australian company, announced that the Supreme Court of Western Australia has approved its acquisition by Ramelius Resources Limited through a scheme of arrangement. The transaction involves Spartan shareholders receiving $0.25 cash and 0.6957 new Ramelius shares per Spartan share. The scheme is expected to become effective on July 22, 2025, with the implementation scheduled for July 31, 2025, marking the cessation of Spartan’s trading on the ASX.

The most recent analyst rating on (AU:SPR) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Gascoyne Resources Limited stock, see the AU:SPR Stock Forecast page.

More about Gascoyne Resources Limited

YTD Price Performance: 41.84%

Average Trading Volume: 5,886,677

Technical Sentiment Signal: Buy

Current Market Cap: A$2.58B

For an in-depth examination of SPR stock, go to TipRanks’ Overview page.

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