Ramelius Resources (ASX:RMS) has acquired over 90% of Breaker Resources (ASX:BRB) shares and will move to compulsory acquisition of the remaining shares.
The Offer will close at 7pm AEST today and will not be extended, encouraging remaining Breaker shareholders to accept the Offer without delay.
Ramelius Resources owns and operates several gold mines in Western Australia and has expanded its ownership in recent years, most recently taking over Breaker Resources' Lake Roe Gold Project.
The company's share price closed up slightly higher today at $1.39.