Rex Minerals Limited (AU:RXM) has released an update.
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Rex Minerals Limited has announced that its acquisition scheme by MACH Metals Australia Pty Ltd has been legally approved by the Federal Court of Australia, leading to a suspension of Rex shares on the ASX. Shareholders will receive compensation for their shares by 30 October 2024, following the scheme’s implementation. Investors should watch for any updates on the timing from Rex on the ASX.
For further insights into AU:RXM stock, check out TipRanks’ Stock Analysis page.