NXM nexus minerals limited
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Just noticed this annoucement today coming out of SAR and NST...

  1. Sweapon
    1,796 Posts.
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    26/11/20
    10:53
    Post #: 49158655
    Just noticed this annoucement today coming out of SAR and NST merger.

    Saracen Mineral Holdings Limited (ASX:SAR, “Saracen”) and Northern Star Resources Ltd (ASX:NST,
    “Northern Star”) refer to their joint announcement dated 6 October 2020, in which Saracen and Northern Star
    announced execution of a binding Merger Implementation Deed (“MID”) under which Northern Star will
    acquire 100% of the shares in Saracen via a Saracen scheme of arrangement (“Scheme”).

    Basically a complete takeover, what happens to the NXM and SAR JV?

    Last edited by Sweapon: 26/11/20
    NXM Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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