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Alkane Secures FIRB and ASIC Approvals, Advancing Mandalay Merger
8:41am on Friday 27th of June, 2025 AEST
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Mining
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Alkane Secures FIRB and ASIC Approvals, Advancing Mandalay Merger
8:41am on Friday 27th of June, 2025 AEST
Key Points
FIRB grants no objection to Alkane's acquisition of Mandalay
ASIC relief allows Mandalay shareholders to freely trade Alkane shares post-merger
Merger described as a 'merger of equals' with three operating mines
Boards of both companies unanimously recommend shareholder approval
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