Dispatch of Transaction Booklet

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Stock Ramelius Resources Ltd (RMS.ASX)
Release Time 11 Jun 2025, 2:44 p.m.
Price Sensitive Yes
 Spartan Resources announces dispatch of Transaction Booklet
Key Points
  • Spartan Resources has completed dispatch of the transaction booklet for the proposed acquisition by Ramelius Resources
  • Spartan shareholders are advised to read the Transaction Booklet in its entirety before taking any action
  • Spartan Board continues to unanimously recommend that shareholders support the Transaction
Full Summary

Spartan Resources Limited (Spartan) has announced that it has completed dispatch of the transaction booklet in relation to the proposed acquisition by Ramelius Resources Limited (Ramelius) of all the issued shares of Spartan by way of a scheme of arrangement (Scheme) or fall-back conditional off-market takeover offer (Takeover Offer). The Transaction Booklet, which was released to the ASX on 4 June 2025, provides Spartan shareholders with important information relating to the Transaction, including the Independent Expert's Report, the notice of Scheme meeting, information about how to vote at the Scheme meeting and information about how to accept the Takeover Offer. Spartan shareholders are advised to read the Transaction Booklet in its entirety before taking any action in relation to the Transaction, and to contact their financial, legal, tax or other professional adviser if they are in any doubt about how to deal with the Transaction Booklet. The Spartan Board continues to unanimously recommend that Spartan shareholders support the Transaction by voting in favour of the Scheme, subject to there being no Spartan superior proposal and the independent expert continuing to conclude that the Scheme is in the best interests of Spartan shareholders, and by accepting the Takeover Offer, but only if the Scheme fails or is terminated in accordance with the transaction implementation deed in relation to the Transaction, subject to the same qualifications.