Aston Minerals Limited (ASX:ASO) and Torque Metals Limited (ASX:TOR) Approve Merger Schemes
Merger Approval
Aston Minerals Limited (ASX:ASO) and Torque Metals Limited (ASX:TOR) have announced that the proposed merger schemes have been approved by ASO shareholders and optionholders.
Voting Results
At the Share Scheme Meeting, 91.21% of ASO shareholders voted in favour of the Share Scheme Resolution, with 99.60% of total votes cast supporting the resolution. At the Option Scheme Meeting, 100% of optionholders approved the Option Scheme Resolution.
Next Steps
Subject to final approval by the Supreme Court of Western Australia, the merger is expected to be implemented on 10 June 2025.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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