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Astral Resources Completes Unconditional Takeover of Maximus Resources

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Astral Resources Completes Unconditional Takeover of Maximus Resources

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The latest update is out from Maximus Resources Limited ( (AU:MXR) ).

Astral Resources NL, a company listed on ASX, has announced that its takeover offer for Maximus Resources Limited is now unconditional, having acquired a 50.1% stake in the company. The offer involves exchanging one Astral share for every two Maximus shares, and the acceptance process is now expedited, with shareholders receiving their Astral shares within ten business days after acceptance.

More about Maximus Resources Limited

YTD Price Performance: 10.0%

Average Trading Volume: 10,289

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €17.71M

For an in-depth examination of MXR stock, go to TipRanks’ Stock Analysis page.

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