Welcome to our dedicated page for WESTERN METALS news (Ticker: WTLC), a resource for investors and traders seeking the latest updates and insights on WESTERN METALS stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect WESTERN METALS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of WESTERN METALS's position in the market.
Western Metals Corporation (OTC: WTLC) has successfully completed its tender offer, acquiring 4,507,572 shares at $0.44 each as of 5:00 p.m. on September 8, 2022. Following this, LOTO Energy II, LLC purchased an additional 2,583,557 shares at the same price and subsequently contributed all shares to WMC Merger Sub, Inc. The merger will result in Western Metals becoming a wholly owned subsidiary of LOTO Energy, with all remaining shares converted to cash at $0.44 each, excluding dissenting shareholders.
Western Metals Corporation (OTC: WTLC) has announced an extension of its tender offer for all outstanding shares at a price of $0.44 per share, now set to expire on August 24, 2022, at 5:00 p.m. New York City time. The extension allows more time for shareholders to participate, and all terms remain unchanged. Shareholders who have already tendered do not need to take further action. The offer is facilitated by Computershare Trust Company, with Georgeson LLC handling inquiries.
Western Metals Corporation (OTC: WTLC) announced a tender offer starting July 13, 2022, to purchase all outstanding shares at $0.44 per share. This offer is part of a Merger Agreement with LOTO Energy II, LLC, where Merger Sub will merge into the Company, making it a wholly owned subsidiary. The initial expiration time for the offer is set for 5:00 p.m. on August 10, 2022, unless extended. Approximately 57.72% of shares are owned by Parent and 20.66% by related individuals. The offer is subject to conditions, including a minimum share tender requirement of 90%.
FAQ
What is the market cap of WESTERN METALS (WTLC)?
