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Magnetic Resources to be acquired by Genesis Minerals in recommended scheme with shareholder approval scheduled for June 2026
6:03pm on Wednesday 29th of April, 2026 AEST
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Mining
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Magnetic Resources to be acquired by Genesis Minerals in recommended scheme with shareholder approval scheduled for June 2026
6:03pm on Wednesday 29th of April, 2026 AEST
Key Points
Scheme Booklet registered with ASIC and dispatched
Magnetic shareholders offered cash and Genesis shares
Independent Expert concludes scheme fair and reasonable
Magnetic Board unanimously recommends scheme approval
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Magnetic Resources (ASX:MAU)
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