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Alkane Resources and Mandalay Resources have announced an all-share merger valued at AU$1.01 billion, creating a global gold and antimony producer.
Australia's Alkane Resources (OTCPK:ALKEF) said late Sunday it agreed to acquire Canada's Mandalay Resources (OTCQB:MNDJF) in an all-stock deal valued at A$559.1M (~US$358M), creating a combined ...
Australia's Alkane Resources and Canada’s Mandalay Resources have agreed to merge in an all-share transaction valued at about A$1.01-billion (C$898-million), creating a diversified gold and ...
The merged company will operate under Alkane Resources and expects to produce 160,000 gold-equivalent ounces in 2025.
Long term Alkane Resources Limited(ASX:ALK) shareholders would be well aware of this, since the stock is up 183% in five years. Also pleasing for shareholders was the 19% gain in the last three ...
By Adriano Marchese Shares of Mandalay Resources rose after the company said over the weekend that it would merge with Australia's Alkane Resources.
By: Sonia Madigan Alkane Resources (ASX:ALK) and Mandalay Resources Corporation (TSX:MND) will merge their companies and three operating mines in a bid to see their gold production increase to ...
About Alkane Resources Alkane Resources intends to grow to become one of Australia’s leading multi-mine gold and copper producers.
Investors in Alkane Resources Limited (ASX:ALK) had a good week, as its shares rose 4.7% to close at AU$0.68 following the release of its full-year results. Revenues of AU$191m were in line with ...
The merged entity will have an implied market capitalisation of A$1.01 billion and expects to produce 160,000 gold-equivalent ounces in 2025, rising to over 180,000 ounces in 2026 from three ...