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Venus Metals Corporation Limited ( (AU:VMC) ) has issued an update.
Venus Metals Corporation Limited is the target of an on-market takeover bid by QGold Pty Ltd, offering $0.17 cash per share for all fully paid ordinary shares not already owned by QGold or its associates. The bid, facilitated by Ord Minnett Ltd, is unconditional and will run from the announcement date until January 16, 2026, with the possibility of extension or withdrawal. This move could significantly impact Venus Metals’ market positioning and shareholder value, as QGold seeks to acquire up to 144,341,487 shares.
More about Venus Metals Corporation Limited
Average Trading Volume: 250,694
Technical Sentiment Signal: Buy
Current Market Cap: A$33.34M
Find detailed analytics on VMC stock on TipRanks’ Stock Analysis page.