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Larvotto to Acquire Hammer Metals for $55 Million with Asset Demerger

10:47am on Thursday 11th of June, 2026 AEST Mining
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Larvotto to Acquire Hammer Metals for $55 Million with Asset Demerger

10:47am on Thursday 11th of June, 2026 AEST
Key Points
  • Larvotto to acquire 100% of Hammer Metals via Scheme of Arrangement
  • Hammer’s WA gold assets to be demerged to shareholders as SpinCo
  • Transaction values Hammer at $0.067 per share, a 63.6% premium
  • Larvotto to raise $15 million from Glencore to fund Mt Isa projects
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