Odey Asset Management calls on IGO Ltd to either raise the Western Areas takeover deal value to match the uplift offered, through a Joint Venture participation, to 9.8% shareholder Wyloo Metals, or to disband the Joint Venture which appears to Odey to be in breach of The Australia Corporations Act 2001 IGO’s recently proposed Joint Venture with Western Areas 9.8% shareholder Wyloo appears to Odey to breach Section 623 of The Australia Corporations Act 2001 which prohibits a bidder, during a takeover...

Wyloo Metals commits to world-class Future Metals Hub in Ontario PERTH, Australia, May 31, 2021 (GLOBE NEWSWIRE) -- As part of its long-term investment strategy in the Ring of Fire, Wyloo Metals Pty Ltd (“Wyloo Metals”) is committed to developing a sustainable...

Wyloo Metals to purchase cornerstone position in Noront Resources from Resource Capital Fund V L.P. PERTH, Australia, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Wyloo Metals Pty Ltd. (Wyloo Metals) has entered into a definitive agreement to become a cornerstone investor in Noront Resources Ltd. (Noront)...