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Atlas and Warwick to merge

PILBARA iron ore junior Warwick Resources and its largest shareholder, Atlas Iron, have announced a friendly merger, which will see Atlas boost its Pilbara landholding to over 15,000 square kilometres.

Kristie Batten
Atlas and Warwick to merge

The two will merge via a scheme of arrangement whereby Atlas will issue Warwick shareholders one Atlas share for every three Warwick shares, representing a 20% premium on yesterday’s closing prices and...

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