middle.news
MinRex and Electrum Merge to Forge $28M Gold-Copper Explorer Across Serbia and Australia
10:23am on Tuesday 6th of January, 2026 AEDT
•
Mining
Read Story
MinRex and Electrum Merge to Forge $28M Gold-Copper Explorer Across Serbia and Australia
10:23am on Tuesday 6th of January, 2026 AEDT
Key Points
Merger of equals between MinRex (ASX, MRR) and Electrum (TSX-V, ELY)
Combined portfolio includes 670K oz AuEq at Serbia’s Tlamino Gold Project and 350K oz Au at NSW’s Sofala Gold Project
Pro-forma market capitalisation of ~A$28 million with ~A$8 million cash and no debt
Electrum shareholders to receive 7.9 MinRex shares per Electrum share
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Minrex Resources (ASX:MRR)
OPEN ARTICLE