Hammer Metals Shareholders Approve Austral Resources Takeover Proposal
Hammer Metals shareholders approved Austral Resources’ proposed takeover at a scheme meeting held earlier this month.
Austral Resources’ ASX:AR1 proposed takeover of Hammer Metals ASX:HMX has been approved by Hammer shareholders at a scheme of arrangement meeting held earlier this month.The resolution was passed by the requisite majorities of Hammer — who collectively control 141 million shares, or 16% of the comp…