Brief: Larvotto Resources Says Will Not Submit Counterproposal To Match Austral Proposal For Hammer
10/08/2026 24:51
BRIEF-Larvotto Resources Says Will Not Submit Counterproposal To Match Austral Proposal For Hammer Aug 10 (Reuters) - Larvotto Resources Ltd LRV.AX:
WILL NOT SUBMIT COUNTERPROPOSAL TO MATCH AUSTRAL PROPOSAL FOR HAMMER
TERMINATION OF LARVOTTO SID TO RESULT IN A$0.55 MILLION BREAK FEE PAYABLE TO LARVOTTO
PROPOSED PLACEMENT OF NEW LARVOTTO SHARES TO GLENCORE NOT EXPECTED TO PROCEED
IF HAMMER PROCEEDS WITH AUSTRAL PROPOSAL, CO ANTICIPATES HAMMER WILL TERMINATE LARVOTTO SID IN ACCORDANCE WITH TERMS
Further company coverage: LRV.AX
((Reuters.Briefs@thomsonreuters.com;))
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