Warriedar Resources Taps Independent Expert to Prepare Report on Proposed Acquisition by Capricorn Metals

MT Newswires Live

Aug 07, 2025

Warriedar Resources (ASX:WA8) appointed BDO Corporate Finance Australia to prepare a report on whether the firm's acquisition by Capricorn Metals (ASX:CMM) is in the best interests of Warriedar's shareholders, according to a Thursday Australian bourse filing.

Capricorn Metals proposed to acquire 100% of the securities in Warriedar via a court-approved scheme of arrangement, under which Warriedar shareholders will receive one new Capricorn share for every 62 Warriedar shares held.

The independent expert report will be provided to shareholders and optionholders of Warriedar in late September, per the filing.

Capricorn Metals' shares added about 1% in recent trading on Thursday.

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