Scheme of Arrangement to Acquire All Shares in Pensana Become Legally Effective

  • Jan 23, 2020 AEDT
  • Team Kalkine

Pensana Metals Limited (ASX: PM8) has confirmed that a copy of the orders of the Supreme Court of Western Australia approving the scheme of arrangement according to which Pensana Rare Earths plc would acquire the entire ordinary shares in Pensana (Scheme) is now lodged with ASIC.

The Scheme has now become legally effective.

The shares of Pensana will be suspended from trading post the closure of market on 23 January 2020.

At AEDT 1:14 PM, PM8 shares are trading at $0.190, up 15.152% from its previous close.



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