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Mandalay, Alkane and Australia

Reuters on MSN · 6h

Australia's Alkane to merge with Canada's Mandalay in $358 million acquisition

Australia's Alkane Resources will acquire Canada's Mandalay Resources in an all-share deal valued at A$559.1 million ($357.8 million), the companies said on Monday, creating a combined diversified gold and antimony producer.

GlobalData on MSN · 14h

Australia’s Alkane and Canada’s Mandalay to merge to create diversified mining company

Australian mining company Alkane Resources has signed a definitive arrangement agreement with Canadian miner Mandalay Resources for a "merger of equals" to create a diversified gold and antimony producer.

The Globe and Mail · 12h

Canadian gold miner Mandalay agrees to US$358-million takeover by smaller Australia’s Alkane

Australia’s Alkane Resources Ltd. ALKEF +25.95% is offering to buy Canadian gold company Mandalay Resources Corp. MND-T +4.48% in an all-stock deal worth roughly US$358-million aimed at boosting liquidity and scale that will see the smaller company take over the bigger one.

Australian Mining1d

Creating a mid-tier gold and antimony producer

Alkane Resources is set to merge with Mandalay Resources to create an emerging gold and antimony producer worth approximately ...

Stockhead on MSN4h

The latest billion dollar gold merger shows the M&A tap continues to flow

The newest billion dollar gold player on the ASX is setting itself up to build a stronger hand in the poker game brewing over ...

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