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Metalicity-Nex takeover battle ratchets up

THE hostile takeover battle between Metalicity and Nex Metals Explorations is now a war being fought on multiple fronts, including Australia’s Takeovers Panel and the Supreme Court of Western Australia.

Haydn Black
Kookynie is an historical mining centre at the centre of a modern battle

Kookynie is an historical mining centre at the centre of a modern battle

Since launching its circa A$13 million bid in September, Metalicity has secured almost 20% in Nex and has had a number of wins in front of the Takeovers Panel, which has blocked Nex from undertaking a...

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