Azure Minerals Limited (AU:AZS) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Azure Minerals Limited has announced the successful acquisition of its shares by SH Mining Pty Ltd, in a cash deal valued at $3.70 per share, following the approval of a scheme of arrangement by the Supreme Court of Western Australia. Trading of Azure shares will be suspended from the ASX as the company prepares for delisting. Shareholders on record by May 6, 2024, will receive their payment on May 9, marking the scheme’s implementation.
For further insights into AU:AZS stock, check out TipRanks’ Stock Analysis page.