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Warriedar Resources Reports Significant Project Advancements and Agrees to Acquisition by Capricorn Metals

Story Highlights
  • Warriedar Resources extends high-grade mineralization at key projects in Western Australia.
  • Warriedar agrees to acquisition by Capricorn Metals, with board recommending shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Warriedar Resources Reports Significant Project Advancements and Agrees to Acquisition by Capricorn Metals

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Anova Metals Ltd. ( (AU:WA8) ) just unveiled an update.

Warriedar Resources Limited, an exploration company, has reported significant progress in its Golden Range and Fields Find Projects in Western Australia. The company has successfully extended high-grade antimony and gold shoots at the Ardmore pit and expanded gold mineralization at Windinne Well and M1. The company has also agreed to a transformational transaction with Capricorn Metals Ltd, which involves the acquisition of all Warriedar shares and options by Capricorn through Court-approved schemes of arrangement. The Warriedar board unanimously recommends securityholders vote in favor of the scheme, highlighting its potential benefits.

More about Anova Metals Ltd.

Average Trading Volume: 9,450,667

Technical Sentiment Signal: Buy

Current Market Cap: A$274M

See more insights into WA8 stock on TipRanks’ Stock Analysis page.

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