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Fenix Resources Extends Takeover Bid for CZR Resources

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Fenix Resources Extends Takeover Bid for CZR Resources

CZR Resources Ltd ( (AU:CZR) ) has provided an update.

Fenix Resources Ltd has announced an off-market takeover bid to acquire all ordinary shares of CZR Resources Ltd. The bid, initially outlined in February 2025, has been extended by seven days, with the new closing date set for April 22, 2025. This move signifies Fenix’s strategic effort to consolidate its position in the market, potentially impacting stakeholders by altering the competitive landscape.

More about CZR Resources Ltd

YTD Price Performance: 35.71%

Average Trading Volume: 520,130

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$67.47M

For a thorough assessment of CZR stock, go to TipRanks’ Stock Analysis page.

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