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)
(Reporting by Roushni Nair in Bengaluru; Editing by Sandra Maler)
((Roushni.Nair@thomsonreuters.com;))
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