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Warriedar Resources Acquisition by Capricorn Metals Approved

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Warriedar Resources Acquisition by Capricorn Metals Approved

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Anova Metals Ltd. ( (AU:WA8) ) has provided an announcement.

Warriedar Resources Limited, a company listed on the ASX, has announced that its security holders have approved the acquisition of its fully paid ordinary shares and listed options by Capricorn Metals Ltd through a Court-approved scheme of arrangement. The approval was secured with significant majorities at both the Share Scheme Meeting and the Option Scheme Meeting. The acquisition is set to proceed following a final court hearing, with Warriedar’s shares expected to be suspended from trading on the ASX by mid-November 2025. This acquisition marks a significant step for Warriedar, potentially impacting its market presence and offering strategic benefits to Capricorn Metals.

More about Anova Metals Ltd.

Average Trading Volume: 8,835,695

Technical Sentiment Signal: Buy

Current Market Cap: A$286.8M

For an in-depth examination of WA8 stock, go to TipRanks’ Overview page.

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