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Torque Metals Advances $100M Acquisition of Aston Minerals via Dual Scheme
10:10am on Tuesday 28th of January, 2025 AEDT
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Torque Metals Advances $100M Acquisition of Aston Minerals via Dual Scheme
10:10am on Tuesday 28th of January, 2025 AEDT
Key Points
Scheme Implementation Agreement executed between Torque Metals and Aston Minerals
Acquisition structured via Share Scheme and Option Scheme with defined conditions precedent
Bidder to issue new shares to Aston shareholders at a ratio of 1 new share per 5.2 Aston shares
Regulatory and shareholder approvals required before scheme effectiveness
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