Advised Vault Minerals Ltd on its proposed merger with Genesis Minerals Ltd to create a top three Australian gold producer with a pro forma market capitalisation of approximately A$12.6 billion.
The proposed transaction follows the previously announced A$10.7 billion ‘merger of equals’ transaction with Regis Resources and receipt by Vault of an unsolicited proposal from Genesis which the Vault Board determined to be superior to the previously announced Regis transaction.