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Azure Minerals secured shareholder approval for its acquisition by SH Mining, backed by Sociedad Química y Minera de Chile S.A. and Hancock Prospecting.
The resolutions were passed at recent meetings, including the scheme meeting and extraordinary general meeting.
Pending final consent from the Supreme Court of Western Australia, the acquisition will proceed, leading to Azure's delisting from the ASX and shareholders receiving $3.70 cash per share on May 9.
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#Mining #Australia #News #ASX #Court
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