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The latest update is out from Themac Resources ( (TSE:MAC) ).
THEMAC Resources Group Limited, a company listed on the TSX Venture Exchange, has received final court approval for its plan of arrangement with Tulla Resources Group Pty Ltd. This transaction involves Tulla acquiring all outstanding common shares of THEMAC not already owned by it, with shareholders receiving CAD $0.08 per share. The completion of this arrangement is expected later this month, after which THEMAC will become a wholly-owned subsidiary of Tulla and its shares will be delisted from the TSX Venture Exchange.
More about Themac Resources
Average Trading Volume: 86,304
Technical Sentiment Signal: Buy
Current Market Cap: C$5.96M
For an in-depth examination of MAC stock, go to TipRanks’ Overview page.