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Ramelius–Spartan deal a step closer to completion - Australian Mining
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Ramelius–Spartan deal a step closer to completion - Australian Mining
The Dalgaranga gold project in WA. Image: Spartan ResourcesThe proposed $2.4 billion transaction between Ramelius Resources and Spartan Resources is now legally effective, with the scheme to be implemented on July 31. Under the binding transaction implementation deed announced in March, Ramelius will pay $0.25 in cash and 0.6957 Ramelius shares for each Spartan share, with an implied value of $1.78 per Spartan share. Following the Supreme Court …
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