FINWIRES · TerminalLIVE
FINWIRES

ASX:ASM

4 stories mentioning ASX:ASMUpdated 3d ago

Every FINWIRES story that references ASX:ASM, newest first.

Asia

Australian Strategic Materials Says Independent Expert Review Continues to Support Energy Fuels Deal; Shares Up 3%

Australian Strategic Materials (ASX:ASM) said a new independent expert review continued to conclude that Energy Fuels' proposed acquisition of the company is fair and in the best interests of shareholders, according to a Monday filing with the Australian bourse.The new review followed movements in Energy Fuels' share price, which required the independent expert to consider the impact of the movements on its opinion.Australian Strategic Materials said its board continues to unanimously recommend that security holders vote to approve the deal in the absence of a superior proposal.The company's shares gained over 3% in recent Monday trade.

ASX:ASM
Asia

Australian Strategic Materials Says UBS Group Increases Stake

Australian Strategic Materials (ASX:ASM) received notice that UBS Group and its affiliated entities increased their holdings in the company to 7.06% from 6.03%, according to a Monday Australian bourse filing.UBS Group and its affiliates now own 19.2 million shares in the company, the filing said.

ASX:ASM
Asia

Australian Strategic Materials Says Federal Court Orders Shareholder Meeting to Vote on Proposed Acquisition by EFR Critical Materials

Australian Strategic Materials (ASX:ASM) said the Federal Court of Australia, Western Australia Registry ordered that meetings of its shareholders and optionholders be convened to consider the proposed acquisition of the firm by EFR Critical Materials, a wholly-owned unit of Energy Fuels, via schemes of arrangement, according to a Friday Australian bourse filing.The court also ordered that an explanatory statement, which includes information about the schemes together with the notices of the share scheme meeting and option scheme meeting, be dispatched to the firm's securityholders.Its shares fell 2% in recent trading on Friday.

ASX:ASM
Asia

Australian Strategic Materials Says FIRB Approved Proposed Sale to Energy Fuels; Shares Jump 5%

Australian Strategic Materials (ASX:ASM) said Australia's Foreign Investment Review Board (FIRB) has approved Energy Fuels' proposed acquisition of up to 100% ownership of the company, according to a Thursday filing with the Australian bourse.The deal remains subject to other conditions, including court and Australian Strategic Materials' shareholders approval.Shares of Australian Strategic Materials gained 5% in recent Thursday trade.

ASX:ASM

Track with the FINWIRES app suite

FolioX
FolioX
Track ASX:ASM in your portfolio
WheelAI
WheelAI
Analyze ASX:ASM options with the wheel strategy
StockInsider
StockInsider
See market sentiment on ASX:ASM