Silver Lake’s Acquisition Approved by Court

Silver Lake Resources Limited (AU:SLR) has released an update.

Silver Lake Resources Limited has received approval from the Supreme Court of New South Wales for a scheme of arrangement, allowing Red 5 Limited to acquire all shares of Silver Lake. Share trading of Silver Lake on the ASX will be suspended from the close of trading on 7 June 2024, with the acquisition process expected to be completed by 19 June 2024. The company will provide updates on any significant developments regarding the scheme.

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