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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 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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