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Warriedar Resources Acquisition by Capricorn Metals Finalized

Story Highlights
  • Warriedar Resources is being acquired by Capricorn Metals through a Court-approved scheme.
  • Warriedar’s shares and options will be suspended, and shareholders will receive new Capricorn shares and options.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Warriedar Resources Acquisition by Capricorn Metals Finalized

TipRanks Black Friday Sale

The latest announcement is out from Anova Metals Ltd. ( (AU:WA8) ).

Warriedar Resources Limited, listed on the ASX under the ticker WA8, has announced the effective implementation of its acquisition by Capricorn Metals Ltd through a Court-approved share and option scheme. This acquisition will result in Warriedar’s shares and options being suspended from trading on the ASX, with shareholders receiving new Capricorn shares and options in exchange. The transition is set to be completed by November 25, 2025, with Warriedar being delisted from the ASX thereafter.

The most recent analyst rating on (AU:WA8) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Anova Metals Ltd. stock, see the AU:WA8 Stock Forecast page.

More about Anova Metals Ltd.

Average Trading Volume: 9,429,930

Technical Sentiment Signal: Buy

Current Market Cap: A$329.5M

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

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