The mine is owned by Cobar Operations Pty Ltd (COPL), operated by Endeavor Operations Pty Ltd (EOPL), with housing infrastructure managed by Cobar Infrastructure Pty Ltd (CIPL). The three companies are currently wholly owned subsidiaries of CBH Resources Ltd (CBH). CBH is owned by Toho Zinc, a Japanese listed company.
Polymetals, through its 100% owned subsidiary company Cobar Metals Pty Ltd, has entered into a legally binding arrangement to acquire 100% of the Endeavor mine and associated assets by acquiring COPL, EOPL and CIPL from CBH. In order to complete the acquisition, Cobar Metals will be required to secure the release and replacement of the Environmental Rehabilitation Bond on or before 30 April 2024.
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