Karora Resources Responds To Media SpeculationTORONTO, March 7, 2024 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora") notes the recent press speculation in relation to a potential transaction involving Ramelius Resources Ltd (ASX: RMS) ("Ramelius") and Karora. Karora continually assesses strategic options and holds discussions with various industry participants. Karora confirms that it is currently in exclusive discussions with Ramelius regarding a potential business combination. Discussions remain confidential and incomplete. No definitive agreement has been reached and there can be no assurance that any transaction will result from these discussions. Even if a final transaction is agreed upon, there can be no assurances as to its terms, structure or timing. Karora does not intend to make any additional comments regarding these discussions or any potential transaction unless a definitive agreement has been reached.
Ann: Becoming a substantial holder, page-2
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Last
$2.16 |
Change
0.040(1.89%) |
Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.20 | $2.14 | $6.902M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 36399 | 6 |
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| RMS (ASX) Chart |