Minotaur acquires Breakaway

Exploration group receives acceptances for 91% of shares, reshuffles board.

Minotaur Exploration (MEP) will compulsorily acquire copper and gold explorer Breakaway Resources (BRW) after receiving acceptances for 91% of the Breakaway shares.

In a statement to the Australian Securities Exchange, Minotaur said Breakaway's directors have tendered their resignations, with the exception of chairman John Atkins, and two Minotaur representatives have joined the Breakaway board.

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