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Vigorous Resources Acquires Majority Stake in Rey Resources

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Vigorous Resources Acquires Majority Stake in Rey Resources

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Rey Resources Ltd ( (AU:REY) ) has shared an update.

Rey Resources Ltd, a company listed on the ASX, is undergoing significant changes as Vigorous Resources Pty Ltd has acquired over 90% of its shares. This acquisition has initiated a compulsory acquisition process, leading to the suspension of REY’s shares on the ASX and its eventual delisting. Shareholders have until August 11, 2025, to accept the offer voluntarily, after which Vigorous Resources will complete the acquisition process.

More about Rey Resources Ltd

Average Trading Volume: 85,969

Technical Sentiment Signal: Sell

Current Market Cap: A$5.92M

For detailed information about REY stock, go to TipRanks’ Stock Analysis page.

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