Diatreme Resources Limited (AU:DRX) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Diatreme Resources Limited has successfully completed its takeover of Metallica Minerals Limited, achieving complete ownership with a 100% stake in the company. Former Metallica shareholders are being informed about the acquisition consideration, which will be paid out either in cash or in Diatreme shares, depending on the shareholder category. Diatreme, an emerging Australian producer of mineral and silica sands, is also working closely with its development partner, Sibelco, focusing on ESG principles and contributing to global decarbonization efforts.
For further insights into AU:DRX stock, check out TipRanks’ Stock Analysis page.