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Latin Resources Limited ( (AU:LRS) ) has provided an announcement.
Latin Resources Limited has announced a proposal for Pilbara Minerals Limited to acquire all shares and options through a scheme of arrangement. Additionally, there is a proposed demerger of Latin Resources’ non-core assets into ESG Minerals Limited. This strategic move signifies a significant shift for Latin Resources, potentially impacting its market positioning and offering stakeholders a chance to participate in the meetings to discuss the changes.
More about Latin Resources Limited
Latin Resources Limited is a company involved in mineral exploration with a focus on non-core assets in Australia, Peru, and Argentina.
YTD Price Performance: -3.12%
Average Trading Volume: 11,385,351
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$434.2M
For a thorough assessment of LRS stock, go to TipRanks’ Stock Analysis page.
