Welcome to our dedicated page for Themac Rescs news (Ticker: MACQF), a resource for investors and traders seeking the latest updates and insights on Themac Rescs stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Themac Rescs's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Themac Rescs's position in the market.
THEMAC Resources Group Limited (TSXV: MAC) has announced a proposed going private transaction with Tulla Resources Group Pty. Ltd., its controlling shareholder. Under the agreement, minority shareholders will receive $0.08 per share, representing an 11% premium over the 20-day volume-weighted average trading price of $0.072.
Tulla currently controls approximately 60.39% of THEMAC's shares (47,950,000 shares) and will become the sole shareholder after the transaction. The arrangement requires approval from two-thirds of shareholders and a majority of minority shareholders at a special meeting planned for early October 2025. The transaction is expected to close in mid to late October 2025, subject to court and regulatory approvals.