Metals Acquisition Shareholders Approve Proposed Business Combination To Acquire CSA Mine And Proposed Merger With Metals Acquisition
Portfolio Pulse from Benzinga Newsdesk
Metals Acquisition shareholders have approved the proposed business combination to acquire CSA Mine and merger with Metals Acquisition. The deal is set to close on June 15, 2023, with the common stock and warrants of New MAC trading on the NYSE under the ticker symbols 'MTAL' and 'MTAL.WS' starting June 16, 2023.
June 05, 2023 | 9:21 pm
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Metals Acquisition shareholders approved the proposed business combination to acquire CSA Mine and merger with Metals Acquisition. New MAC's common stock will trade on the NYSE under the ticker symbol 'MTAL' starting June 16, 2023.
The approval of the business combination and merger is a positive development for Metals Acquisition, as it will result in the acquisition of CSA Mine and the formation of New MAC. The listing of the common stock and warrants on the NYSE under the ticker symbols 'MTAL' and 'MTAL.WS' will provide increased visibility and liquidity for the company, which could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100