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Why Is MinRex Acquiring Electrum? Inside the $42M Gold-Copper Merger
9:44pm on Thursday 26th of February, 2026 AEDT
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Why Is MinRex Acquiring Electrum? Inside the $42M Gold-Copper Merger
9:44pm on Thursday 26th of February, 2026 AEDT
Key Points
Acquisition of Electrum by MinRex via statutory Plan of Arrangement
Electrum securityholders to receive 7.900363636 MinRex shares per Electrum share
Electrum convertible securities cancelled and settled with MinRex shares based on fair value
Combined company to be listed on ASX with Electrum as wholly-owned subsidiary
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