Energy Fuels and Australian Strategic Materials agreed to amend the consideration structure for Energy Fuels’ acquisition of Australian Strategic Materials via a scheme of arrangement. At closing, Australian Strategic Materials shareholders are set to receive 0.053 Energy Fuels CHESS Depository Interests per share by default, or may elect to receive 0.053 Energy Fuels common shares. Shareholders will also receive cash consideration of AUD 0.13 per share, replacing a previously contemplated special dividend of up to AUD 0.13. No other material changes were made to the previously disclosed scheme implementation terms.
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