Alkane Resources, Mandalay Resources to merge in deal creating $646.5 million company

ReutersApr 27, 2025 9:56 PM

April 28 (Reuters) - Australia's Alkane Resources ALK.AX and Canada's Mandalay Resources MND.TO to merge in all-share deal, creating combined company with implied market capitalization of A$1.01 billion ($646.50 million), the two companies said in a joint statement on Monday.

($1 = 1.5623 Australian dollars)

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