Azure Minerals Limited (AU:AZS) has released an update.
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SH Mining Pty Ltd has announced a takeover offer for Azure Minerals Limited, with certain conditions already met and the offer remaining subject to others not yet fulfilled. The bid, involving a scheme of arrangement and off-market takeover, is set to close on May 8, 2024. SH Mining currently holds a 39.48% stake in Azure Minerals.
For further insights into AU:AZS stock, check out TipRanks’ Stock Analysis page.
