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Mandalay to be acquired by Alkane in A$1B merger; shareholders to receive 7.875 Alkane shares per Mandalay share
9:11am on Friday 27th of June, 2025 AEST
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Mining
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Mandalay to be acquired by Alkane in A$1B merger; shareholders to receive 7.875 Alkane shares per Mandalay share
9:11am on Friday 27th of June, 2025 AEST
Key Points
Plan of arrangement for Alkane to acquire Mandalay
Mandalay shareholders to receive 7.875 Alkane shares per share
Combined company with three producing mines in Australia and Sweden
Unanimous board recommendation and fairness opinions obtained
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Alkane Resources (ASX:ALK)
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