Astral Resources NL (ASX: AAR) has made a significant move in the mining sector by acquiring a 19.99% stake in Maximus Resources Limited (ASX: MXR). This strategic acquisition aligns with Astral’s broader objective of potentially acquiring Maximus entirely, as outlined in its recent non-binding indicative proposal.
The acquisition, which involved purchasing approximately 85.5 milli... https://colitco.com/astral-acquires-19-99-stake-in-maximus-resources-exploring-a-potential-corporate-transaction/