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Court Greenlights Ramelius Takeover of Spartan Resources

1:51pm on Monday 21st of July, 2025 AEST Mining
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Court Greenlights Ramelius Takeover of Spartan Resources

1:51pm on Monday 21st of July, 2025 AEST
Key Points
  • Supreme Court approves scheme of arrangement for acquisition
  • Scheme effective from 22 July 2025 with Spartan shares suspended same day
  • Spartan shareholders to receive $0.25 cash plus 0.6957 Ramelius shares per Spartan share
  • Implementation expected on 31 July 2025 following record date on 24 July
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