Whitehaven and Aston Agree to Merger

Industrial Metals

Mining Weekly reported that Whitehaven Coal (ASX:WHC) and Aston Resources (ASX:AZT) have reached an agreement on their pending merger.

Mining Weekly reported that Whitehaven Coal (ASX:WHC) and Aston Resources (ASX:AZT) have reached an agreement on their pending merger.

As quoted in the market news:

Aston shareholders would receive 1.89 Whitehaven shares for each Aston share held, following the distribution of a fully franked special dividend of 50c a share to existing Whitehaven shareholders.

Click here to read the full Mining Weekly report.

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