Habrok to acquire Alto Metals for $19m.

Habrok, a privately-owned investment company with interests in both gold and iron ore projects in Western Australia, offered to acquire Alto Metals, a company focused on gold and uranium exploration in Australia, for $19m. “Habrok expects to lodge its bidder’s statement for the Habrok share offer with Alto over the coming weeks and would look to discuss with Alto an accelerated timetable for the dispatch of bidder’s statement, possibly in conjunction with Alto’s target statement,” Habrok.