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17 Feb
02:58

Mineral Resources secures control of Norwest Energy

Australian miner Mineral Resources has secured control of oil and gas firm Norwest Energy after its voting power in Norwest increased to 53.86% on Thursday, Kallanish notes. Triggered by the voting power increasing to more than 50%, the closing date for acceptance of the revised offer by Norwest shareholders will be automatically extended to 2 March 2023. Accepting Norwest shareholders will receive one fully paid ordinary Mineral Resources share fo…
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