Financial news, corporate announcements, analysts’ reports
PERTH: Capricorn Metals Ltd. said Thursday it will acquire Warriedar Resources Ltd. in an all-scrip deal, consolidating two major gold projects in Western Australia. The transaction, unanimously endorsed by Warriedar’s board, is valued at approximately A$188 million and is expected to expand Capricorn’s gold reserves and operational footprint. Under the scheme of arrangement, Warriedar…
PERTH: Capricorn Metals Ltd. (ASX: CMM) announced Thursday that it has entered into a binding agreement to acquire the Kings Find Project, a highly prospective gold exploration tenement located in Western Australia’s Murchison region. The project, covering approximately 54 square kilometers, is contiguous to the northern boundary of Capricorn’s existing Mt Gibson Gold Project (MGGP). The…