Azure Minerals Limited (AU:AZS) has released an update.
Azure Minerals Limited has announced the successful shareholder approval for the acquisition of the company by SH Mining Pty Ltd, a collaboration between Sociedad Química y Minera de Chile and Hancock Prospecting Pty Ltd. The acquisition is pending a final court approval, with the expected effective date of the scheme set for May 2, 2024. Shareholders of record on May 6 will be entitled to receive $3.70 cash per share, with the company’s delisting from the ASX to follow on May 10.
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