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Kin Mining NL ( (AU:PTN) ) has shared an update.
Patronus Resources Limited, a company engaged in the resource sector, has announced an extension of its on-market takeover bid for Matsa Resources Limited. The offer, initially set to close on March 24, 2025, has been extended to April 21, 2025. This extension allows Patronus more time to acquire the remaining shares of Matsa that it does not already own, as it currently holds less than 50% of Matsa’s shares. The extension could impact the company’s strategic positioning and influence in the market.
More about Kin Mining NL
YTD Price Performance: 16.00%
Average Trading Volume: 1,138,973
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$94.97M
See more insights into PTN stock on TipRanks’ Stock Analysis page.