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Fenix Resources Extends Takeover Bid for CZR Resources

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Fenix Resources Extends Takeover Bid for CZR Resources

The latest update is out from Fenix Resources Limited ( (AU:FEX) ).

Fenix Resources Limited has announced an extension of its off-market takeover bid for all shares of CZR Resources Ltd. The offer period has been extended by seven days, with the new closing date set for 29 April 2025. This strategic move is part of Fenix’s efforts to acquire CZR Resources, potentially impacting its market position and stakeholder interests.

More about Fenix Resources Limited

Fenix Resources Limited is a company operating in the mining industry, primarily focused on the exploration and development of iron ore resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker FEX.

YTD Price Performance: -9.33%

Average Trading Volume: 3,066

Technical Sentiment Signal: Hold

Current Market Cap: €110.8M

Find detailed analytics on FEX stock on TipRanks’ Stock Analysis page.

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