BRIEF-Alkane Resources & Mandalay Merge To Create Gold & Antimony Producer

Reuters

04-28

BRIEF-Alkane Resources & Mandalay Merge To Create Gold & Antimony Producer

April 28 (Reuters) - Alkane Resources Ltd ALK.AX:

ALKANE & MANDALAY MERGE TO CREATE GOLD & ANTIMONY PRODUCER
IMPLIED MARKET CAPITALIZATION OF COMBINED COMPANY IS ESTIMATED AT A$1,013 MILLION
ALKANE WILL ACQUIRE ALL ISSUED AND OUTSTANDING COMMON SHARES OF MANDALAY IN PLAN OF ARRANGEMENT
MANDALAY SHAREHOLDERS WILL RECEIVE 7.875 ORDINARY SHARES OF ALKANE FOR EACH ORDINARY SHARE OF MANDALAY
FORMER MANDALAY SHAREHOLDERS TO OWN 55% OF COMBINED COMPANY

Further company coverage: ALK.AX

((Reuters.Briefs@thomsonreuters.com;))

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Mandalay Merge To Create Gold &amp; Antimony Producer</title></head><body><p><span>April 28 (Reuters)</span><span> - </span>Alkane Resources Ltd <span>ALK.AX</span>:</p><ul><li><p>ALKANE &amp; MANDALAY MERGE TO CREATE GOLD &amp; ANTIMONY PRODUCER</p></li><li><p>IMPLIED MARKET CAPITALIZATION OF COMBINED COMPANY IS ESTIMATED AT A$1,013 MILLION</p></li><li><p>ALKANE WILL ACQUIRE ALL ISSUED  AND OUTSTANDING COMMON SHARES OF MANDALAY IN PLAN OF ARRANGEMENT</p></li><li><p>MANDALAY SHAREHOLDERS WILL RECEIVE 7.875 ORDINARY SHARES OF ALKANE FOR EACH ORDINARY SHARE OF MANDALAY</p></li><li><p>FORMER MANDALAY SHAREHOLDERS TO OWN 55% OF COMBINED COMPANY</p></li></ul><p>Further company coverage: <span>ALK.AX</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Alkane Resources & Mandalay Merge To Create Gold & Antimony Producer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Mandalay Merge To Create Gold &amp; Antimony Producer</title></head><body><p><span>April 28 (Reuters)</span><span> - </span>Alkane Resources Ltd <span>ALK.AX</span>:</p><ul><li><p>ALKANE &amp; MANDALAY MERGE TO CREATE GOLD &amp; ANTIMONY PRODUCER</p></li><li><p>IMPLIED MARKET CAPITALIZATION OF COMBINED COMPANY IS ESTIMATED AT A$1,013 MILLION</p></li><li><p>ALKANE WILL ACQUIRE ALL ISSUED  AND OUTSTANDING COMMON SHARES OF MANDALAY IN PLAN OF ARRANGEMENT</p></li><li><p>MANDALAY SHAREHOLDERS WILL RECEIVE 7.875 ORDINARY SHARES OF ALKANE FOR EACH ORDINARY SHARE OF MANDALAY</p></li><li><p>FORMER MANDALAY SHAREHOLDERS TO OWN 55% OF COMBINED COMPANY</p></li></ul><p>Further company coverage: <span>ALK.AX</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ALK.AU","symbol_name":"ALKANE RESOURCES LTD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250428:nTUEZWK9S:1","article_id":"2530960434","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2530960434","pubTimestamp":1745804692,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BRIEF-Alkane Resources & Mandalay Merge To Create Gold & Antimony ProducerApril 28 (Reuters) - Alkane Resources Ltd ALK.AX:ALKANE & MANDALAY MERGE TO CREATE GOLD & ANTIMONY PRODUCERIMPLIED MARKET CAPI","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ALK.AU":"ALKANE RESOURCES LTD","BK7506":"金矿股","BK7104":"黄金"},"translate_title":"简介-Alkane Resources和Mandalay合并创建黄金和锑生产商","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALK.AU":0.9},"content_text":"BRIEF-Alkane Resources & Mandalay Merge To Create Gold & Antimony ProducerApril 28 (Reuters) - Alkane Resources Ltd ALK.AX:ALKANE & MANDALAY MERGE TO CREATE GOLD & ANTIMONY PRODUCERIMPLIED MARKET CAPITALIZATION OF COMBINED COMPANY IS ESTIMATED AT A$1,013 MILLIONALKANE WILL ACQUIRE ALL ISSUED  AND OUTSTANDING COMMON SHARES OF MANDALAY IN PLAN OF ARRANGEMENTMANDALAY SHAREHOLDERS WILL RECEIVE 7.875 ORDINARY SHARES OF ALKANE FOR EACH ORDINARY SHARE OF MANDALAYFORMER MANDALAY SHAREHOLDERS TO OWN 55% OF COMBINED COMPANYFurther company coverage: ALK.AX ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"merge","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}