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CI Resources Limited ( (AU:PRG) ) just unveiled an announcement.
PRL Global Limited has announced a significant development in its acquisition of Centrex Ltd and its subsidiary Agriflex Pty Ltd, owners of the Ardmore Phosphate Mine in Queensland. A court order has been granted allowing the transfer of all issued shares in Centrex to PRL Global Limited, marking a key milestone in the transaction. However, the completion of this acquisition remains contingent on satisfying several conditions precedent by the end of August 2025, which are crucial for the economic viability of the Ardmore Phosphate Mine.
More about CI Resources Limited
PRG is a leading fertiliser company and producer of Australian Phosphate exports with a global fertiliser value chain, dedicated to providing high-quality products to meet the growing demands of customers. With a focus on innovation and sustainability, PRG strives to provide a sustainable and prosperous future for our community, employees, shareholders and customers.
Average Trading Volume: 10,443
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$180.3M
For detailed information about PRG stock, go to TipRanks’ Stock Analysis page.