Austral Resources to Proceed with Proposed Hammer Metals Takeover after Larvotto Withdrawal
· smallcaps.com.au
Austral Resources moves to acquire Hammer Metals for $80.7m after Larvotto withdraws; Hammer valued at 0.087/sh, 31.1% stake in enlarged group.
Austral Resources Australia (ASX: AR1) will proceed with a proposed takeover of Hammer Metals (ASX: HMX) after competing suitor Larvotto Resources (ASX: LRV) wi...