Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

White Rock Minerals' Matt Gill details 'transformational' deal with AuStar Gold

White Rock Minerals' Matt Gill details 'transformational' deal with AuStar Gold

White Rock Minerals Ltd's (ASX:WRM) Matt Gill tells Proactive's Andrew Scott they're set to become a high-grade Victorian gold explorer and producer after entering into a deal with AuStar Gold Ltd (ASX:AUL). It'll see WRM acquire 100% of the issued capital of AUL through a scheme of arrangement between the two companies and their shareholders. Gill says the merged group, which will retain the name 'White Rock Minerals Ltd', will be a substantially enlarged, diversified gold explorer and producer with a world-class portfolio of assets.