Energy Fuels to Acquire Australian Strategic Materials in A$1.60-Per-Share Scheme.

Energy Fuels to acquire Australian Strategic Materials in a scheme of arrangement at A$1.60 per share, a 121% premium to ASM's last close. The deal would create a larger, better-capitalized critical minerals group and accelerate ASM's mine-to-metals strategy, offering shareholders exposure to a Western "mine-to-metal" rare earths supply chain.