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Why Resolution Minerals Disclosed a $225M Offer from Smaller Snow Lake
9:03am on Monday 18th of August, 2025 AEST
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Mining
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Why Resolution Minerals Disclosed a $225M Offer from Smaller Snow Lake
9:03am on Monday 18th of August, 2025 AEST
Key Points
Unsolicited $225 million non-binding offer from Snow Lake Resources disclosed
Snow Lake’s market cap is approximately $50 million, raising funding questions
No formal due diligence conducted yet; funding expected via Snow Lake shares
Termination of agreement with Dominari Securities; Roth Capital Partners appointed
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