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Capricorn Metals Ltd to Acquire Warriedar Resources with Revised Terms

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Capricorn Metals Ltd to Acquire Warriedar Resources with Revised Terms

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Capricorn Metals Ltd ( (AU:CMM) ) has issued an update.

Capricorn Metals Ltd is set to acquire 100% of Warriedar Resources Limited’s fully paid ordinary shares and listed options through a court-approved scheme of arrangement. The Supreme Court of Western Australia has approved the dispatch of a supplementary scheme booklet detailing the revised consideration, which offers improved terms for Warriedar shareholders and option holders. The Warriedar Board recommends voting in favor of the scheme, highlighting its fairness and benefits in the absence of a superior proposal.

The most recent analyst rating on (AU:CMM) stock is a Buy with a A$14.70 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: 1,809,294

Technical Sentiment Signal: Buy

Current Market Cap: A$5.69B

For a thorough assessment of CMM stock, go to TipRanks’ Stock Analysis page.

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