Australia’s leading independent law firm, Corrs Chambers Westgarth, has advised Vault Minerals Limited (ASX:VAU) on its proposed merger with Regis Resources Limited (ASX:RRL) to establish Australia’s next major gold producer with a pro forma market capitalisation of approximately A$11 billion.
The proposed merger creates a company with five high-quality operating assets across Western Australia with globally significant gold production of +700 koz per annum 1, that has a strong balance sheet and significant cash generation to fund the next growth phase and drive future shareholder returns. The combined company will be the third largest primary ASX‑listed gold producer, and an Australian miner of global significance. The proposed merger is to be effected by way of a Vault scheme of arrangement, under which Regis is to acquire 100% of the shares in Vault.
The transaction was led by corporate partner Russell Philip and energy and resources special counsel Michael Denny, with support from a range of experts across the firm including head of tax Cameron Blackwood as well as various experts from Corrs’ energy and resources, tax, competition, environment and planning, employment and banking and finance teams.
Commenting on the matter, Russell Philip said: “We are pleased to have advised Vault on all aspects of this proposed transaction, which when completed will transform the combined group into a company of global relevance in the gold industry. We look forward to working with the Vault team to drive this transaction through to implementation.”
“This transaction exemplifies Corrs as a trusted advisor on high-profile, significant M&A transactions in the energy and resources sector.”
[1] Based on FY26 production guidance for each of Vault and Regis.