Monday, 22 June, 2020 - 16:13
OZ Minerals to buy Cassini for $76m
OZ Minerals is set to gain full control of the West Musgrave nickel-copper asset in Western Australia after announcing a friendly takeover of project partner Cassini Resources.
Caspin Resources Limited (CPN) is a minerals exploration company based in Perth, Western Australia. As of now the company has 80% interest in the Yarawindah Brook Project and 100% interest in the Mount Squires Project.
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
1639th | Surefire Resources | -63.16% | 3.13% |
1640th | icetana | -63.17% | 0% |
1641st | Caspin Resources | -63.27% | 0% |
1642nd | Toys'R'Us ANZ | -63.33% | -27.78% |
1643rd | TechGen Metals | -63.5% | 0% |
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OZ Minerals is set to gain full control of the West Musgrave nickel-copper asset in Western Australia after announcing a friendly takeover of project partner Cassini Resources.
The spinout company of Cassini Resources is seeking to raise $6 million from its initial public offering, with an ASX listing targeted for November.
The spinout company of Cassini Resources has begun its first day of trading, with its share price more than doubling to 46 cents.
Adelaide’s OZ Minerals has upgraded the value of its recently acquired West Musgrave project in WA by $200 million, while also lifting the mine’s planned nickel and copper production.
Caspin Resources has entered a trading halt while it completes a capital raising believed to be worth $9.7 million.
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Caspin Resources is included in 2 lists - Public Companies - Resources WA and Public Companies - non WA.
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