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Crusader terminates merger deal

Stratex shareholders refuse to support union

Haydn Black*
Crusader will continue developing the Borborema (pictured) and Juruena projects in Brazil

Crusader will continue developing the Borborema (pictured) and Juruena projects in Brazil

Brazil-focused Crusader confirmed it had issued a formal termination notice after Stratex's board was told its shareholders would not support the deal. Crusader agreed to the A$54.2 million (US$41.6...

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