Now is the right time for S2 – Bennett

Takeover target Sirius Resources’ MD and CEO Mark Bennett on Monday said there was definite opportunity to expand the project portfolio of the demerged S2 Resources, following a merger of Sirius and fellow-listed Independence Group. Metals miner Independence Group in May announced plans to merge with Sirius, offering Sirius shareholders 0.66 Independence share for every one Sirius share held, along with a cash consideration of 52c a share.