Dacian, NTM Gold Announce $96.4M Merger

Dacian Gold is set to merge with NTM Gold in an effort to consolidate the former’s Mt Morgans gold operations with the latter’s Redcliffe gold project in Western Australia.

The merger has been unanimously supported by NTM’s board, with the merger to see Dacian acquire 100 per cent of shares in NTM for around $96.4 million.

NTM’s Redcliffe gold project is within a 100-kilometre radius of the Mt Morgans gold operations.

( Image by https://pixabay.com/users/geralt-9301/ )