Torque Metals Ltd. ( (AU:TOR) ) has provided an update.
Torque Metals Limited, in collaboration with Aston Minerals Limited, has announced the Supreme Court of Western Australia’s approval to convene meetings for a proposed merger. The merger, structured as schemes of arrangement, will see Torque Metals acquiring all shares and options of Aston Minerals, pending shareholder approval. The meetings are set for May 22, 2025, with the merger expected to enhance the companies’ market positioning and operational capabilities.
More about Torque Metals Ltd.
YTD Price Performance: 94.00%
Average Trading Volume: 1,128,053
Technical Sentiment Signal: Hold
Current Market Cap: A$25.62M
For a thorough assessment of TOR stock, go to TipRanks’ Stock Analysis page.