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Ramelius Secures ASIC Relief, Gains Extra Time for Spartan Takeover Offer

2:38am on Monday 2nd of June, 2025 AEST Mining
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Ramelius Secures ASIC Relief, Gains Extra Time for Spartan Takeover Offer

2:38am on Monday 2nd of June, 2025 AEST
Key Points
  • ASIC grants Ramelius 31-day extension for Spartan takeover offer
  • Acquisition structured via scheme of arrangement or conditional takeover
  • Transaction consideration includes cash and new Ramelius shares
  • Transaction Booklet expected mid-2025 detailing offer specifics
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