Silver Lake Resources Limited (AU:SLR) has released an update.
Silver Lake Resources Limited has received approval from the Supreme Court of New South Wales for a scheme of arrangement, allowing Red 5 Limited to acquire all shares of Silver Lake. Share trading of Silver Lake on the ASX will be suspended from the close of trading on 7 June 2024, with the acquisition process expected to be completed by 19 June 2024. The company will provide updates on any significant developments regarding the scheme.
For further insights into AU:SLR stock, check out TipRanks’ Stock Analysis page.
