Diatreme Proposes Takeover of Metallica Minerals

Diatreme Resources Limited (AU:DRX) has released an update.

Diatreme Resources Limited has made an off-market takeover bid for all ordinary shares of Metallica Minerals Limited, offering 1.3319 Diatreme shares for each Metallica share. Shareholders are advised to consult with their professional advisers regarding the fourth supplementary bidder’s statement dated 5 June 2024. This development could signify potential growth and investment opportunities for stakeholders.

For further insights into AU:DRX stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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