Australia's Develop Global to acquire Essential Metals for $102 million

Essential Metals

03/07/2023 01:00

July 3 (Reuters) - Develop Global  DVP.AX , base metals
explorer and mining services provider, on Monday proposed to
acquire lithium and gold explorer Essential Metals  ESS.AX  in a
deal implying an equity value of A$152.6 million ($101.60
million). 

($1 = 1.5020 Australian dollars)

 (Reporting by Roushni Nair in Bengaluru; Editing by Kim
Coghill)
 ((Roushni.Nair@thomsonreuters.com;))