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LONDON - Ajax Resources PLC [LSE: AJAX], a natural resources investment firm, has announced the scheduled completion date of its acquisition of Puna Metals S.A., which holds mining rights to the Eureka Project in Argentina. The transaction is set to be finalized on May 21, 2025, as per the agreement with Bezant Resources plc.
The terms of the acquisition, first disclosed on April 16, 2025, remain unchanged. Concurrently, Ajax is proceeding with the planned delisting of its ordinary shares from the Equity Shares (Shell Companies) category of the Official List and the London Stock Exchange (LON:LSEG) Main Market. The company’s shares are expected to be admitted to the Aquis Stock Exchange Growth Market Access Category on May 20, 2025, one day prior to the acquisition’s completion.
The Eureka Project is positioned in the Republic of Argentina, a country with a history of mining operations. The acquisition is part of Ajax’s strategy to expand its portfolio in the natural resources sector.
This update on the acquisition process provides investors with a clear timeline for the upcoming changes in Ajax’s market listings and its expansion through the Eureka Project. The company’s CEO, Ippolito Cattaneo, has not provided additional comments on the acquisition’s strategic implications or the expected performance of the Eureka Project post-acquisition.
The information in this article is based on a press release statement and does not include any speculative content regarding the future performance or market position of Ajax Resources PLC.
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