Elementos Limited (ASX: ELT) announced the successful completion of acquisition of the Oropesa Tin Project as per the Arrangement Agreement with TSX-V listed Eurotin Inc. (TIN).
The convertible redeemable preference shares that were held by the shareholders of TIN have now converted to ordinary shares of Elementos Ltd.
The completion of the acquisition of the Oropesa Tin Project is a significant step towards the growth of the company as a multi-project tin development company. It is also a chance for the company to create value-uplift potential for shareholders as the Project is advanced towards development.
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