LA Private

Uncategorized

Gina Rinehart boosts Liontown Resources stake to above 10%

Gina Rinehart has raised her stake in Liontown Resources (ASX:LTR) to over 10%, a move that prevents Albemarle from proceeding with its $6.6 billion takeover offer through compulsory acquisition. Compulsory acquisition occurs when a bidder attains 90% of the target company’s issued shares and can acquire the remaining shares forcibly. Hancock Prospecting, owned by Rinehart, […]

Gina Rinehart boosts Liontown Resources stake to above 10% Read More »

Pact Group shareholders face dilemma

Minority shareholders in Melbourne-based packaging company Pact Group (ASX:PGH) find themselves at a crossroads in the face of a 68 cents per share cash buyout offer from the company’s chairman and largest shareholder, Ralph Geminder. Just thirteen months ago, the share price stood at approximately $1.44, but with the recent buyout proposal, it has plummeted

Pact Group shareholders face dilemma Read More »

$217m vanadium merger

Consolidation has kicked off in the vanadium sector, with two WA explorers agreeing to a $217 million all-paper merger. The merger is driven by the desire for single ownership of the same highly prospective orebody and the goal of both companies to gain more scale in the eyes of investors. On Monday, Australian Vanadium (ASX:AVL)

$217m vanadium merger Read More »

New World Metals Conference: Winsome Resources

Vertical Events is the premier mining, resources and technology conference organising company in Australia. Since establishment in 1998, Vertical Events has organised and implemented some of the largest and most renowned conferences in the country. Wally Graham of Resources Roadhouse at the New World Metals Conference, speaking with Chris Evans, Managing Director of Winsome Resources

New World Metals Conference: Winsome Resources Read More »