Merger Implementation Deed News Today

Claire Aitchison of Independent Investment Research provides comprehensive research coverage and commentary for listed managed investments. Here is the latest update.

Independent Investment Research updates developments among Australia's listed investment companies and provides comparative data

Oil Search trade to close today

Santos has received the necessary Approval Letter and Exemption Notice from the Securities Commission of Papua New Guinea in order to implement the proposed merger with Oil Search.

White Rock Minerals Ltd (ASX:WRM) Quarterly Activities Report    Quarterly Activities ReportBallarat, July 30, 2021 AEST (ABN Newswire) - During the Quarter, White Rock Minerals Ltd ( Field activities to date include: - Drilling for down-dip extensions to the silver-rich zinc Dry Creek VMS deposit. - Drill testing of new VMS targets in the Red Mountain area and along the newly identified Keevy VMS Trend, where additional tenements were staked during the Quarter. - Drill testing of th...

Orocobre June Quarter 2021 Key Highlights Olaroz Lithium Facility operations continue to deliver improving cashflows with a Gross Cash Margin of $4,371tonne following further improvement in the sales price of lithium chemicals and a continued focus on costs. 1 Realised average price was US$8,476tonne up 45% quarter on quarter on a free on board basis with prices up 170% over the past nine months. Costs were US$4,105t 3 . The proportion of battery grade … Olaroz Lithium Facility (Olaroz) oper...

Results of First Court Hearing July 04, 2021 22:45 ET | Source: Orocobre Limited Orocobre Limited Galaxy) and Orocobre Limited (ASX:ORE, TSX:ORL) ( Orocobre) are pleased to provide an update on the proposed merger pursuant to which Orocobre will acquire all of the shares in Galaxy ( Galaxy Scheme). Court) has today made orders: that Galaxy convene a meeting of shareholders ( Galaxy Scheme Meeting); and approving the dispatch of an explanatory statement providing informa...

White Rock Minerals Ltd (ASX:WRM) and AuStar Sign Revised Merger Implementation Deed    White Rock and AuStar Sign Revised Merger Implementation DeedBallarat, April 30, 2021 AEST (ABN Newswire) - AuStar Gold Limited ( ASX:AUL) and White Rock Minerals Ltd ( OTCMKTS:WRMCF) refer to their joint ASX announcement of 3 February 2021 in which they advised that they had entered into a Merger Implementation Deed for the Share Scheme. AuStar Gold and White Rock are pleased to advise that they have ...

White Rock Minerals Ltd (ASX:WRM) 31 March 2021 Quarterly Activities & Cashflow Report    31 March 2021 Quarterly Activities & Cashflow ReportBallarat, April 29, 2021 AEST (ABN Newswire) - During the Quarter White Rock ( RED MOUNTAIN PROJECT, ALASKA Six new, potentially significant, mineralised massive sulphide targets have been identified in the emerging Last Chance "VMS" camp from the follow-up of stream sediment anomalism during the 2020 field season, and returned promising assays resu...

Orocobre and Galaxy to merge, creating 5th largest global lithium chemicals company Orocobre Limited and Galaxy Resources have entered into a binding Merger Implementation Deed (MID) under which Orocobre will acquire 100% of the shares in Galaxy. The resulting company will have a A$4-billion (US$3.1-billion) market capitalization, making it the fifth-largest by capitalization. The merged entity will also be the fifth-largest lithium company by production according to Benchmark’s Lithium Forec...