Torque Metals and Aston Minerals have confirmed key terms of their all-scrip merger, appointing an independent expert to assess fairness. Aston shareholders will receive one Torque share for every 5.2 Aston shares held.
Torque Metals Limited and Aston Minerals Limited have formalised a Scheme Implementation Agreement, setting the stage for Torque Metals to acquire Aston Minerals through a structured share and option scheme.
Torque Metals and Aston Minerals have announced a merger of equals, combining their gold assets to create a diversified explorer with 1.75 million ounces of gold resources and enhanced growth potential.
Torque Metals and Aston Minerals have agreed to merge, combining 1.75 million ounces of gold resources across premier projects in Western Australia and Ontario, Canada, creating a well-funded exploration powerhouse.