04
Jul
16:04
Develop Global to buy Australian miner Essential Metals for $102 million
Base metals explorer Develop Global has signed a scheme implementation deed (SID) to acquire Australian lithium developer Essential Metals for AUD 152.6 million ($101.60m), Kallanish learns.
Under the share-based deal, Essential Metals shareholders will get one new Develop Global share for every 6.18 Essential Metals shares they hold, amounting to about AUD 0.56 ($0.37) per share. Once the scheme is implemented, Develop will issue around 44.4 million Develop…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous