Austral Resources Australia Submits Binding Hammer Metals Bid after Superior Proposal Finding
· smallcaps.com.au
Austral Resources submits binding $80.7m proposal to acquire Hammer Metals via a scheme, offering 1.2903 AR1 per HMX and ~31.1% of the merged group.
Austral Resources Australia (ASX: AR1) has submitted a definitive written and binding proposal to acquire Hammer Metals (ASX: HMX) through a scheme of arrangeme...