Azure Minerals Limited (AU:AZS) has released an update.
Azure Minerals Limited has updated the timeline for its impending acquisition by SH Mining Pty Ltd, a collaboration between SQM Australia Pty Ltd and Hanrine Future Metals Pty Ltd. The acquisition, subject to shareholder and court approval, offers $3.70 per share through a scheme of arrangement, with a backup off-market takeover bid at $3.65 per share. Key dates include the shareholder meeting on April 8, 2024, and the rescheduled court approval date on May 1, 2024.
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