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Capricorn Metals Ltd ( (AU:CMM) ) has issued an update.
Capricorn Metals Ltd, a company involved in the acquisition of shares and options, is moving forward with its proposed acquisition of Warriedar Resources Limited by way of a Court-approved scheme of arrangement. The Supreme Court of Western Australia has ordered Warriedar to hold meetings for shareholders and option holders to vote on the proposed schemes. The Scheme Booklet, which includes an Independent Expert’s Report, has been registered with the Australian Securities and Investments Commission and will be distributed to Warriedar’s security holders. The Warriedar Board recommends voting in favor of the scheme, citing the Independent Expert’s conclusion that the schemes are fair and reasonable.
The most recent analyst rating on (AU:CMM) stock is a Buy with a A$12.65 price target. To see the full list of analyst forecasts on Capricorn Metals Ltd stock, see the AU:CMM Stock Forecast page.
More about Capricorn Metals Ltd
Average Trading Volume: 1,609,024
Technical Sentiment Signal: Buy
Current Market Cap: A$5.33B
See more data about CMM stock on TipRanks’ Stock Analysis page.