Australian Vanadium completed its merger with vanadium developer Technology Metals Australia (ASX:TMT).
The integration resulted in Australian Vanadium acquiring 100% of Technology Metals shares. Post-merger, all Technology Metals shares have transitioned to Australian Vanadium.
Eligible Technology Metals shareholders received 14 new Australian Vanadium shares for each Technology Metals share held as of Jan. 24.
Technology Metals is set to be delisted from the ASX on Feb. 2.