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CI Resources Limited ( (AU:PRG) ) just unveiled an update.
PRL Global Ltd (ASX: PRG) has been granted a 45-day exclusivity period to conduct due diligence on Centrex Ltd (Administrators Appointed) and its subsidiary Agriflex Pty Ltd, which owns the Ardmore phosphate mine in Queensland. This potential acquisition could expand PRG’s customer base and market access, driving growth and value for shareholders and stakeholders. The completion of due diligence will determine the finalization of acquisition terms, with updates to follow.
More about CI Resources Limited
PRG is a leading fertiliser company and producer of Australian Phosphate exports with a global fertiliser value chain. The company is dedicated to providing high-quality products to meet the growing demands of customers, with a focus on innovation and sustainability to ensure a sustainable and prosperous future for its community, employees, shareholders, and customers.
YTD Price Performance: 19.33%
Average Trading Volume: 69,079
Technical Sentiment Signal: Sell
Current Market Cap: A$155M
See more insights into PRG stock on TipRanks’ Stock Analysis page.