Updated
Updated · Bloomberg · May 4
Regis Resources agrees to buy Vault Minerals
Updated
Updated · Bloomberg · May 4

Regis Resources agrees to buy Vault Minerals

10 articles · Updated · Bloomberg · May 4
  • Under the scheme, Vault shareholders will receive 0.6947 new Regis shares for each share they hold.
  • The companies said the all-share deal would leave existing Regis investors owning about 51% of the combined group and Vault shareholders about 49%.
  • The transaction combines two Australian gold miners and is structured as a scheme of arrangement, according to a joint statement from the companies.
With Vault's stock lagging, does this deal fairly value its lithium potential or just its legacy gold assets?
Vault Minerals bet on critical minerals. Will its new gold-mining owner kill or capitalize on this green energy vision?