North Limited Seeks Court Approval for ERA Share Acquisition

An announcement from Energy Resources of Australia Class A ( (AU:ERA) ) is now available.

North Limited has initiated a compulsory acquisition of the remaining shares of Energy Resources of Australia Ltd (ERA) that it does not already own, offering $0.002 per share. The objection period for this acquisition has ended, with shareholders holding at least 10% of the shares objecting to the acquisition. North Limited has applied for court approval to proceed with the acquisition, following the necessary legal procedures.

More about Energy Resources of Australia Class A

Technical Sentiment Signal: Sell

Current Market Cap: A$810.8M

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