South32 Completes Acquisition of Arizona Mining

Arizona Mining (TSX:AZ) has announced the completion of the previously announced plan of arrangement whereby South32 (ASX:S32) has acquired all of the issued and outstanding common shares of Arizona Mining not already owned by South32 or its affiliates for C$6.20 per common share.

As quoted in the press release:

With the arrangement now complete, Arizona Mining’s common shares will be de-listed from the Toronto Stock Exchange at the close of trading on August 10, 2018.  Arizona Mining will also apply to cease as a reporting issuer under applicable Canadian securities laws.

Click here to read the full Arizona Mining (TSX:AZ) press release.