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19 Apr
04:02

Mineral Resources acquires over 80% of Norwest Energy

Australian miner Mineral Resources has gained control of over 80% interest in oil and gas firm Norwest Energy, Kallanish notes.  Earlier this month, Mineral Resources had established an acceptance facility whereby Norwest Energy shareholders could indicate their intention to accept the Mineral Resources offer. The shareholders are not obliged to accept the offer unless Mineral Resources acquired a combination of relevant interest and indications und…
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