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Spartan Resources Limited (ASX:SPR)

ALERT: Price-sensitive ASX Announcement for SPR
Current share price for SPR : $2.130 0 (0%)+
Announcement
Release
22 Jul 2025 4:14PM
Price at Release
$2.130
Full Release
download
Summary
On 24 June 2024, Spartan Resources Limited (SPR) announced that the Scheme of Arrangement relating to the acquisition of all shares in SPR by Ramelius Resources Limited has become effective. The Supreme Court of Western Australia approved the Scheme, and it is now legally binding. The document details the next steps, including suspension of trading in SPR shares, implementation timeline, and impact on shareholders. The Scheme is expected to deliver benefits to shareholders and outlines the process for consideration and integration with Ramelius Resources.
Key Points
  • The Scheme of Arrangement between Spartan Resources Limited and Ramelius Resources Limited has become effective as of 24 June 2024.
  • Approval was granted by the Supreme Court of Western Australia.
  • The Scheme is now legally binding and will proceed to implementation.
  • Trading in shares of SPR will be suspended on ASX from 25 June 2024.
  • The Scheme Record Date is set for 27 June 2024.
  • The Implementation Date is scheduled for 4 July 2024.
  • SPR shareholders will receive their Scheme consideration following the Implementation Date.
  • The Scheme is expected to benefit SPR shareholders and facilitate integration with Ramelius Resources.
  • Further updates and details for shareholders are provided in the document.
  • The announcement includes contact details for shareholder enquiries.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.