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Astral Resources Launches 61% Premium Takeover Bid for Maximus Resources

5:48pm on Sunday 1st of June, 2025 AEST Mining
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Astral Resources Launches 61% Premium Takeover Bid for Maximus Resources

5:48pm on Sunday 1st of June, 2025 AEST
Key Points
  • Off-market takeover offer: 1 Astral share per 2 Maximus shares
  • 61% premium to Maximus's last undisturbed share price
  • Maximus Board unanimously recommends acceptance
  • Astral holds 19.95% stake in Maximus pre-bid
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