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Ramelius Completes Spartan Deal, Eyes 500,000 Ounce Gold Production

12:12pm on Thursday 31st of July, 2025 AEST Mining
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Ramelius Completes Spartan Deal, Eyes 500,000 Ounce Gold Production

12:12pm on Thursday 31st of July, 2025 AEST
Key Points
  • Acquisition of Spartan Resources completed via scheme of arrangement
  • Spartan shareholders receive 0.6957 Ramelius shares plus $0.25 cash per share
  • Spartan to be delisted from ASX effective 1 August 2025
  • New directors appointed to Ramelius board, Spartan executives made redundant
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