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Austral Resources Secures Hammer Metals with 70.6% Premium Deal
10:19am on Tuesday 11th of August, 2026 AEST
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Mining
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Austral Resources Secures Hammer Metals with 70.6% Premium Deal
10:19am on Tuesday 11th of August, 2026 AEST
Key Points
Binding Scheme Implementation Deed executed
Hammer Board unanimously recommends scheme
70.6% premium to Hammer’s pre-bid share price
Hammer shareholders to own 31.1% of combined group
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