Base Resources (AU:BSE) has released an update.
Base Resources Limited has received unconditional approval from the Competition Authority of Kenya for its proposed combination with Energy Fuels Inc., aiming to create a global critical minerals company. Shareholders are advised to vote in favor of the merger, pending further regulatory approvals and an Independent Expert’s endorsement. The Scheme Booklet is set for dispatch to shareholders in early August, with key subsequent dates for the combination process outlined through late September.
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