The Global Resource For Connecting Buyers and Sellers

AMR makes move to acquire Kasbah Resources

The board of ASX-listed Kasbah Resources has unanimously recommended that all shareholders vote in favour of TSX-V-listed Asian Mineral Resources’ (AMR) intention to acquire the Australian miner. The companies announced on Thursday that they had entered into a scheme implementation agreement stipulating that AMR would acquire all of Kasbah’s ordinary outstanding shares.