-- Winsome Resources (ASX:WR1) said the second court hearing for the proposed acquisition of the firm by Li-FT Power via a scheme of arrangement is scheduled for May 11, according to a Monday Australian bourse filing.
Li-FT Power also proposed to acquire 100% of the unlisted options in Winsome by way of an option scheme.
The court will consider whether to approve the share scheme following the vote at the share scheme meeting and, if necessary, the option scheme following the vote at the option scheme meeting.