Astute Metals NL (ASX:ASE) has entered into a conditional term sheet to acquire 20% stake in Knox Resources Pty Ltd from Greenvale Energy Ltd (ASX:GRV) for AUD 0.25 million on January 29, 2024. Prior to the transaction, Astute Metals NL (ASX:ASE) held 80%.Consideration payable to Greenvale Mining is 10 million ARO shares with 5 million shares at issue price of AUD 0.05 payable on completion and 5 million shares as deferred payment. The deal is subject to shareholder approval and regulatory approval.
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5-day change | 1st Jan Change | ||
0.072 AUD | +2.86% | 0.00% | -24.21% |
05-07 | Mosman O&G increases daily production on-month at Stanley project, US | AN |
04-30 | Greenvale Energy Acquires 75% Stake in EP145 in Amadeus Basin; Shares Surge 15% | MT |
1st Jan change | Capi. | |
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-24.21% | 20.36M | |
+11.18% | 305B | |
+5.09% | 144B | |
+57.69% | 126B | |
+20.83% | 82.8B | |
+7.66% | 75.03B | |
+19.90% | 63B | |
+6.40% | 56.96B | |
+11.15% | 49.12B | |
+30.14% | 36.33B |
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- Astute Metals NL has entered into a conditional term sheet to acquire 20% stake in Knox Resources Pty Ltd from Greenvale Energy Ltd for AUD 0.25 million.