Westgold Resources (AU:WGX) has released an update.
Westgold Resources Limited has received approval from the Foreign Investment Review Board (FIRB) for its planned acquisition of Karora Resources Inc., marking a critical step towards completing the transaction. With unanimous support from both companies’ boards and a positive recommendation from Karora’s board to its shareholders, the deal is anticipated to close by the end of July 2024, subject to shareholder and court approvals.
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