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CZR Resources Proposes $44.8 Million All-Scrip Takeover of Zuleika Gold

8:57am on Friday 26th of June, 2026 AEST Mining
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CZR Resources Proposes $44.8 Million All-Scrip Takeover of Zuleika Gold

8:57am on Friday 26th of June, 2026 AEST
Key Points
  • All-scrip offer values Zuleika at $44.8 million
  • Offer includes a 32.9% premium to recent VWAP
  • Merger combines complementary WA assets
  • Strong balance sheets reduce capital raising need
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