Spartan Resources Dispatches Transaction Booklet for Ramelius Acquisition

Ramelius Resources Limited ( (AU:RMS) ) has provided an announcement.

Spartan Resources Limited, an Australian company listed on the ASX, has announced the dispatch of a transaction booklet related to its proposed acquisition by Ramelius Resources Limited. This acquisition is structured as a scheme of arrangement or a conditional off-market takeover offer, providing Spartan shareholders with cash and new Ramelius shares. The transaction booklet contains essential information for Spartan shareholders, including an Independent Expert’s Report and voting instructions for the scheme meeting. The Spartan Board recommends shareholders support the transaction, emphasizing the importance of reading the booklet thoroughly and consulting professional advisors if needed.

The most recent analyst rating on (AU:RMS) stock is a Buy with a A$3.55 price target. To see the full list of analyst forecasts on Ramelius Resources Limited stock, see the AU:RMS Stock Forecast page.

More about Ramelius Resources Limited

Average Trading Volume: 10,020,705

Technical Sentiment Signal: Buy

Current Market Cap: A$3.28B

For an in-depth examination of RMS stock, go to TipRanks’ Stock Analysis page.