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Maximus Board Urges Shareholders to Accept Astral's 61% Premium Takeover Offer
7:22am on Monday 2nd of June, 2025 AEST
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Maximus Board Urges Shareholders to Accept Astral's 61% Premium Takeover Offer
7:22am on Monday 2nd of June, 2025 AEST
Key Points
Astral Resources offers one share for every two Maximus shares, implying a 61% premium
Maximus Board unanimously recommends acceptance absent a superior proposal
Offer enhances liquidity and reduces funding risks for Maximus shareholders
Combined entity to hold approximately 1.8 million ounces of gold resources
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