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Kin Mining NL ( (AU:PTN) ) has issued an update.
Euroz Hartleys Limited has announced an on-market takeover bid on behalf of Patronus Resources Limited to acquire all ordinary shares of Matsa Resources Limited that it does not already own. The offer, set at A$0.045 per share, is unconditional and open until March 24, 2025, unless extended. This strategic move aims to consolidate ownership and potentially enhance market positioning for Patronus Resources, impacting Matsa stakeholders by providing an opportunity to sell shares at a set price.
More about Kin Mining NL
YTD Price Performance: 18.00%
Average Trading Volume: 1,062,561
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$96.61M
For a thorough assessment of PTN stock, go to TipRanks’ Stock Analysis page.
