PNX Metals Limited (AU:PNX) has released an update.
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PNX Metals Limited has announced a court-approved meeting for shareholders to vote on the proposed acquisition of the company by KIN Mining NL. Shareholders will convene on August 27, 2024, to decide on the scheme of arrangement, with documents and voting instructions provided via the Scheme Booklet. The company’s Independent Directors unanimously recommend voting in favor of the scheme, under certain conditions.
For further insights into AU:PNX stock, check out TipRanks’ Stock Analysis page.