United States Antimony Corporation Submits Indicative Proposal to Acquire 100% of Larvotto Resources Limited Located in Australia
- Larvotto Resources has received a $723 million takeover bid from the United States Antimony Corporation for a complete acquisition.
- The proposed offer is valued at $1.40 per share and is connected to a meeting between Australian Prime Minister Anthony Albanese and US President Donald Trump.
- United States Antimony Corporation, based in the U.S., Mexico, and Canada, focuses on selling various antimony and precious metal products.
- The company has begun acquiring mining claims and leases in Montana, Alaska, and Ontario to expand operations during 2024 and 2025.
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USAC targets Larvotto in critical minerals push - Australian Resources & Investment
Underground at Larvotto’s Hillgrove gold-antimony project in NSW. Image: Larvotto ResourcesLarvotto Resources has received a non-binding takeover offer from United States Antimony Corporation (USAC), marking a potential new chapter in Australia–US critical minerals collaboration. The proposal, received after trading closed on Friday October 17, would see USAC acquire the remaining Larvotto shares it doesn’t already own. The offer values Larvotto…
US Antimony Corp Proposes to Acquire Larvotto Resources
Larvotto Resources Limited (ASX:LRV) has announced that it has received an indicative, non-binding proposal from United States Antimony Corporation (USAC) to acquire 100% of its share capital. Larvotto Resources is an Australian company actively advancing its portfolio of in-demand minerals projects including the Hillgrove Antimony-Gold Project in NSW, the large Mt Isa copper, gold, and cobalt project in Queensland, and the Eyre multi-metals and…
Antimony forerunner Larvotto fields $1.40/sh takeover bid from US peer; HotCopper users balk
Larvotto Resources (ASX:LRV) has received a takeover offer from NYSE-listed United States Antimony Corporation for $1.40/sh – something HotCopper users found low in this first-round approach from Larvotto’s U.S.-listed counterpart. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. That could be because Larvotto has more than just Australia’s b…
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