https://newsletter.en.creamermedia.com
Resources
Resources
resources

Diatreme’s Metallica takeover offer period extended

17th May 2024

By: Creamer Media Reporter

     

Font size: - +

The new closing date for mineral sands miner Diatreme Resources’ offmarket takeover of fellow ASX-listed Metallica Minerals has been extended to June 3.

Following acceptances from the two biggest Metallica shareholders and many other shareholders, Diatreme currently has a relevant interest of 44.26% in its takeover target.

“We are pleased with the support for the offer to date. We strongly encourage all remaining shareholders to accept our attractive offer before it closes,” said CEO Neil McIntyre on Friday.

Diatreme is offering 1.3319 shares for each Metallica share.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Latest Multimedia

Photo of Martin Creamer
On-The-Air (12/12/2025)
12th December 2025 By: Martin Creamer

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
ABB Electrification
ABB Electrification

Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 December 2025
Magazine round up | 12 December 2025
12th December 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:1.732 1.863s - 185pq - 2rq
Subscribe Now