Fenix Resources Limited ( (AU:FEX) ) just unveiled an announcement.
Fenix Resources Ltd has initiated an off-market takeover bid for CZR Resources Ltd, offering shareholders 0.85 Fenix shares for every CZR share, with a potential increase to 0.98 shares if Fenix secures a 75% interest by March 21, 2025. The CZR board unanimously recommends shareholders accept the offer, highlighting its strategic importance and potential benefits for stakeholders.
More about Fenix Resources Limited
YTD Price Performance: 23.33%
Average Trading Volume: 3,556
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €136.9M
Find detailed analytics on FEX stock on TipRanks’ Stock Analysis page.