ARMZ To Buy Australian Uranium Co. Mantra For $1.2B
Under the deal, announced Wednesday, each common share of Mantra will be exchanged for a cash payment of AU$8. The offer represents a 15.5 percent premium of Mantra's 20-day volume weighted average price on the Australian Securities Exchange.
Mantra's business is focused on the development of the Mkuju River project in Tanzania, which has...
To view the full article, register now.