Metallica Minerals Limited (AU:MLM) has released an update.
Diatreme Resources Limited has extended its takeover offer for Metallica Minerals Limited until 3 June 2024, with a final offer consideration set, not to be increased unless a competing proposal emerges. Diatreme now controls a significant 44.26% interest in Metallica shares following acceptances from major shareholders. Metallica’s shareholders are urged by Diatreme’s Board to accept the offer before the new closing date.
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