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Torque Metals Dispatches Scheme Booklet for Aston Minerals Merger

Story Highlights
  • Torque Metals announced the dispatch of a Scheme Booklet for its merger with Aston Minerals.
  • The merger involves Torque Metals acquiring all shares and options of Aston Minerals, with meetings set for May 22, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Torque Metals Ltd. ( (AU:TOR) ) has provided an announcement.

Torque Metals Limited, listed on the ASX, has announced the dispatch of a Scheme Booklet related to its proposed merger with Aston Minerals Limited. The merger involves Torque Metals acquiring all ordinary shares and unlisted options of Aston Minerals, subject to various conditions. The Scheme Booklet, which includes detailed information about the merger and voting instructions, has been sent to Aston Minerals securityholders. The Scheme Meetings to vote on the merger will be held on May 22, 2025, in Perth, Western Australia. This merger is a significant step for Torque Metals as it seeks to expand its market presence.

More about Torque Metals Ltd.

YTD Price Performance: 98.00%

Average Trading Volume: 1,141,973

Technical Sentiment Signal: Hold

Current Market Cap: A$26.7M

See more data about TOR stock on TipRanks’ Stock Analysis page.

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