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Filo Corp. Nears Acquisition by BHP and Lundin Mining
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Filo Corp. Nears Acquisition by BHP and Lundin Mining

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Filo Mining (TSE:FIL) has released an update.

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Filo Corp. has initiated the process for a significant corporate transition, whereby BHP Investments Canada Inc. and Lundin Mining Corporation will acquire all outstanding shares of Filo not already owned by them. Shareholders are called to vote on this proposed acquisition plan, which has been unanimously recommended by Filo’s board of directors. The decision will take place during a virtual meeting, set for September 26, 2024.

For further insights into TSE:FIL stock, check out TipRanks’ Stock Analysis page.

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