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Anova Metals Ltd. ( (AU:WA8) ) has shared an announcement.
Warriedar Resources Limited, a company involved in a proposed acquisition by Capricorn Metals Limited, has appointed BDO Corporate Finance Australia Pty Ltd as an independent expert to assess the fairness of the acquisition scheme. The scheme involves Capricorn acquiring all securities in Warriedar through a court-approved arrangement, and a separate arrangement for exchanging Warriedar’s listed options for new Capricorn options. The independent expert’s report will be included in a Scheme Booklet to be sent to shareholders and optionholders in late September 2025, with meetings to approve the scheme scheduled for late October 2025.
More about Anova Metals Ltd.
Average Trading Volume: 7,599,397
Technical Sentiment Signal: Buy
Current Market Cap: A$172.2M
Learn more about WA8 stock on TipRanks’ Stock Analysis page.