Osisko And Glencore Receive Australian Foreign Investment Review Board Approval For Investment In Metals Acquisition Corp
Portfolio Pulse from Benzinga Newsdesk
Osisko Gold Royalties' subsidiary Osisko Bermuda Limited and Glencore have received approval from the Australian Foreign Investment Review Board for their investment in Metals Acquisition Corporation, as part of the proposed acquisition of the CSA Copper Mine.
May 30, 2023 | 8:18 pm
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POSITIVE IMPACT
Glencore receives Australian FIRB approval for investment in Metals Acquisition Corporation, part of the proposed CSA Copper Mine acquisition.
The approval from the Australian Foreign Investment Review Board is a positive development for Glencore, as it allows them to proceed with the investment in Metals Acquisition Corporation. This could potentially lead to increased revenues and growth for Glencore, positively impacting their stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Osisko Gold Royalties' subsidiary receives Australian FIRB approval for investment in Metals Acquisition Corporation, part of the proposed CSA Copper Mine acquisition.
The approval from the Australian Foreign Investment Review Board is a positive development for Osisko Gold Royalties, as it allows their subsidiary to proceed with the investment in Metals Acquisition Corporation. This could potentially lead to increased revenues and growth for Osisko, positively impacting their stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80