Stocks of the Hour: Lord Resources, Viridis Mining and Minerals, Azure Minerals
A snapshot of the stocks on the move, featuring Lord Resources (ASX:LRD), Viridis Mining and Minerals (ASX:VMM) and Azure Minerals (ASX:AZS).
Read MoreTag: AZS
Shareholders to greenlight $3.70 offer for Azure Minerals
Shareholders in Azure Minerals (ASX:AZS), excluding SQM of Chile and Hancock Prospecting of Perth, will vote to approve the $3.70 per share offer from the duo.
Read MoreAzure wins Craig Oliver Award
Lithium takeover target Azure Minerals (ASX:AZS) has been named as the recipient of the 2024 Craig Oliver Award.
Read MoreSQM and Hancock Prospecting team up for Azure bid
SQM and Gina Rinehart’s Hancock Prospecting have collaborated to launch a joint, higher bid for Azure Minerals, surpassing SQM's previous solo effort a couple of months ago.
Read MoreKiss and make-up: Azure Minerals and major investors near resolution
Azure Minerals and its four significant investors, who have spent the majority of the past month in a wary standoff, are finally making amends this week.
Read MoreHancock Prospecting’s Rinehart acquires big stake in Azure amid takeover drama
In the span of a month, Gina Rinehart and Hancock Prospecting have once again acquired a significant shareholding, this time in Australian lithium company Azure Minerals (ASX:AZS), which is currently under a foreign takeover offer. Rinehart and Hancock Prospecting previously secured a 19.9% stake in Liontown Resources, thwarting a $6.6 billion offer from US group Albemarle.
Read MoreSQM invests $1.6 billion in Australian lithium
Chile's SQM is set to invest an additional $1.6 billion to expand its presence in the Australian lithium production and export sector through the acquisition of Azure Minerals (ASX:AZS).
Read MoreStocks of the Hour: Future Metals, WA1 Resources, Marmota, Azure Minerals
A snapshot of the stocks on the move, featuring Future Metals (ASX:FME), WA1 Resources (ASX:WA1) and Marmota (ASX:MEU) and Azure Minerals (ASX:AZS).
Read MoreInvestors opt for Azure Minerals’ placement over SQM’s offer in lithium exploration
Big shareholders in the lithium and nickel exploration company Azure Minerals swiftly recognized the value of investing $2.40 per share in a $120 million placement, a superior choice compared to accepting 42.31 per share from SQM, the world's second-largest lithium player.
Read MoreChile’s SQM and Azure Minerals: Collaboration on Andover Lithium deposit
One way or another, Chile’s SQM states its involvement with Azure Minerals (ASX:AZS) in developing the highly prospective Andover lithium deposit in the Pilbara region of WA. Azure has rejected a $2.31-per-share offer from SQM (Sociedad Química y Minera de Chile), valuing the Australian lithium developer at A$901.4 million.
Read MoreAndover all your spare change: Azure’s WA lithium find could break the records
28 Jun 2023 – Identifying one of WA's most exciting lithium finds involved trawling through long-forgotten archives in the bowels of the state’s museum.
Read MoreSQM Chasing the Blue Sky in Azure
Azure Minerals shares jumped yesterday after SQM – one of the world’s two major lithium giants – announced it would invest up to $A20m for a 19.99% interest in the company.
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