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MAC Copper Limited Announces Dispatch of Scheme Circular

1. Harmony Gold plans to acquire 100% of MAC Copper Limited. 2. This acquisition could expand Harmony's asset portfolio significantly.

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FAQ

Why Bullish?

Acquisitions often lead to increased market confidence and potential revenue growth, similar to past acquisitions boosting stock prices.

How important is it?

The news represents a significant corporate development likely to enhance Harmony's growth trajectory, impacting investor perception positively.

Why Long Term?

The acquisition's benefits may take time to materialize as integration occurs, affecting future earnings positively.

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MTALHAR
ST. HELIER, Jersey--(BUSINESS WIRE)--MAC Copper Limited ARBN 671 963 198 (NYSE:MTAL; ASX:MAC) MAC Copper Limited (NYSE:MTAL, ASX:MAC) (“MAC” or the “Company”) is pleased to announce that it has completed dispatch of the Scheme Circular which, among other things, contains full details of the proposed acquisition of 100% of the issued share capital in MAC by Harmony Gold (Australia) Pty Ltd (a wholly owned subsidiary of Harmony Gold Mining Company Limited (JSE:HAR, NYSE:HMY)) (“Harmony”) by way o.

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