M&A

Psaros steps down as Diatreme-Metallica takeover battle reaches climax

Pending yet another extension, Diatreme’s bid expires next week

Metallica chair Theo Psaros has tendered his resignation. Credit: Metallica Minerals

Metallica chair Theo Psaros has tendered his resignation. Credit: Metallica Minerals

With three days left until Diatreme Resources' hostile takeover bid for silica sands peer Metallica Minerals closes, two important figures have resigned from the Metallica board and a handful of new directors...

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