Astral & Maximus to Merge Via Recommended Takeover Offer
Filed with ASX · · 59 pages · English
• Astral to acquire Maximus via a unanimously recommended off-market takeover offer with 1 (one) new Astral share offered for every 2 (two) Maximus shares. • The Offer values Maximus at approximately $31 million2, with the $0.073 per Maximus share3 offer price representing significant premiums to Maximus’ undisturbed share trading prices prior to the Initial Announcement Date4 – specifically a: •
Story so far
Earlier from Astral Resources NL
- Theia Diamond Drilling Delivers Best Result Yet
- Wide Zones of Strong Gold Mineralisation at Theia Deeps
- BCN: Beacon Executes Share Sale Agreement for MXR Shares
- Astral Acquires 19.99% Stake in Maximus Resources
- Positive Iris Infill Results for Inclusion in Mandilla PFS
Later from Astral Resources NL
- Bidder's Statement
- MXR: Target's Statement
- Takeover Update - Offer Declared Free from Conditions
- BCN: Beacon Sells Maximus Shares to Astral
- Further Outstanding Metallurgical Recoveries from Theia
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