CAPITAL MARKETS

Atlas boosts FerrAus stake

ATLAS Iron has secured a 60.48% stake in FerrAus and declared its off-market takeover for all fully paid shares in the junior iron ore miner as wholly unconditional.

MiningNews.Net
Atlas boosts FerrAus stake

As a major shareholder, Atlas is now able to merge its southeast Pilbara iron ore assets into FerrAus. Under the offer made by Atlas on June 27, FerrAus shareholders would receive one Atlas share for...

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