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Warriedar Resources Acquisition by Capricorn Metals Awaits Court Approval

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Warriedar Resources Acquisition by Capricorn Metals Awaits Court Approval

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Anova Metals Ltd. ( (AU:WA8) ) has provided an announcement.

Warriedar Resources Limited, a company listed on the Australian Securities Exchange, is involved in a proposed acquisition by Capricorn Metals Ltd. This acquisition involves a Court-approved scheme of arrangement for the purchase of Warriedar’s fully paid ordinary shares and listed options. The Supreme Court of Western Australia is set to hear an application for approval of these arrangements, which are crucial for the completion of the acquisition. Stakeholders have the opportunity to oppose the approval at the Second Court Hearing, which is a significant step in the acquisition process.

More about Anova Metals Ltd.

Average Trading Volume: 9,402,749

Technical Sentiment Signal: Buy

Current Market Cap: A$292.3M

For a thorough assessment of WA8 stock, go to TipRanks’ Stock Analysis page.

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