MERGERS AND ACQUISITIONS
Following objections raised by a small number of Kasbah shareholders in relation to TSX-V-listed Asian Mineral Resources’ (AMR’s) proposed acquisition of ASX-listed Kasbah Resources, Australia’s Federal Court of Australia has adjourned the second court hearing date to December 12. The board of Kasbah Resources had, in August, unanimously recommended that all shareholders vote in favour of AMR’s intention to acquire the Australian miner.
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