Warriedar Resources (ASX:WA8) said it has lodged with the Australian Securities and Investments Commission a copy of Western Australia Supreme Court's orders approving its AU$188 million acquisition by Capricorn Metals (ASX:CMM), making the scheme of arrangement legally effective, according to a Friday filing with the Australian bourse.
The share scheme consideration and option scheme consideration are set to be issued to Warriedar's security holders on Nov. 25, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.