Brief: Hammer Metals Receives Unsolicited Non-Binding Indicative Proposal From Austral Resources
07/07/2026 02:43
BRIEF-Hammer Metals Receives Unsolicited Non-Binding Indicative Proposal From Austral Resources July 7 (Reuters) - Hammer Metals HMX.AX:
RECEIVES UNSOLICITED NON-BINDING INDICATIVE PROPOSAL FROM AUSTRAL RESOURCES
SHAREHOLDERS TO RECEIVE A$0.087 PER SHARE TOTAL IMPLIED CONSIDERATION UNDER AUSTRAL PROPOSAL
BOARD UNANIMOUSLY RECOMMENDS SHAREHOLDERS VOTE IN FAVOUR OF LARVOTTO SCHEME ABSENT SUPERIOR PROPOSAL
WESTERN AUSTRALIAN GOLD ASSETS TO BE DEMERGED VIA CAPITAL REDUCTION AND IN-SPECIE DISTRIBUTION
Further company coverage: AR1.AX
((Reuters.Briefs@thomsonreuters.com;))
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