Trident Royalties Backs Deterra Acquisition Deal

Trident Royalties (GB:TRR) has released an update.

Trident Royalties PLC has been overwhelmingly voted in favor of a cash acquisition by Deterra Global Holdings Pty Ltd, marking a significant move in the mining royalty sector. Shareholders approved the scheme of arrangement as proposed, signaling a strong endorsement of the deal’s terms. This pivotal step moves the acquisition process forward, with the final court sanction expected by the end of August 2024.

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