How Will St Barbara’s A$470M Deal with Lingbao and Kumul Transform Simberi?

• Lingbao Gold acquires 50% stake in St Barbara Mining Pty Ltd for A$370 million
• Kumul Mineral Holdings secures 20% interest in Simberi Gold Project for A$100 million
• Simberi Gold Project valued at A$800 million, a 31% premium to St Barbara’s market cap
• Funding fully covers St Barbara’s share of expansion capital costs, de-risking project