Capricorn Metals Implements Takeover Scheme for Warriedar Resources

MT Newswires Live

2025/11/25

Warriedar Resources (ASX:WA8) said the Court-approved share scheme of arrangement for the company's shares to be acquired by Capricorn Metals (ASX:CMM), has now been implemented, according to a Tuesday filing with the Australian bourse.

The company's shareholders received one new Capricorn share for every 52.75 of the company's shares held, the filing said.

It expects to be delisted from the Australian Securities Exchange at the close of trade on Wednesday, Nov. 26, the filing added.

Shares of Capricorn Metals rose 2% in recent Tuesday trade.

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