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Fortescue Secures 75% Stake in Red Hawk, Boosts Offer Price to A$1.20

5:34pm on Sunday 1st of June, 2025 AEST Mining
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Fortescue Secures 75% Stake in Red Hawk, Boosts Offer Price to A$1.20

5:34pm on Sunday 1st of June, 2025 AEST
Key Points
  • Fortescue acquires over 75% of Red Hawk Mining shares
  • Offer price increased from A$1.05 to A$1.20 per share
  • Offer remains open until 3 March 2025
  • Increased offer benefits existing Red Hawk shareholders who accepted earlier
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