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Torque and Aston Finalise Merger Terms with Independent Expert Onboard
8:15am on Thursday 30th of January, 2025 AEDT
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Mining
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Torque and Aston Finalise Merger Terms with Independent Expert Onboard
8:15am on Thursday 30th of January, 2025 AEDT
Key Points
Aston shareholders to receive 1 Torque share per 5.2 Aston shares
Independent expert BDO Corporate Finance appointed to assess merger fairness
Torque to acquire 100% of Aston’s unlisted options under specified exchange ratios
Merger terms amended to reflect updated option acquisition offers
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