Alkane Resources and Mandalay Resources Merge to Form a Gold and Antimony Giant

Post Views: 221 Alkane Resources Alkane Resources Limited (ASX: ALK) and Mandalay Resources Corporation (TSX: MND, OTCQB: MNDJF) have announced the completion of a “merger of equals” transaction. Alkane will acquire all outstanding shares of Mandalay, forming a diversified gold and antimony producer. The merged company will continue to operate under the Alkane Resources name, listed on both the ASX and the TSX.   Key Transaction Highlights The merger deal grants Mandalay shareholders 7.875 Alkane shares for each share of Mandalay they own. Upon completion, Alkane shareholders ...