Alkane commences TSX trading - Australian Mining

Alkane Completes Merger with Mandalay Resources, Begins Trading on TSX

Alkane Resources (ASX:ALK,TSX:ALK) said on August 5 that it has closed its merger with gold- and antimony-focused Mandalay Resources. The all-share transaction was valued at AU$559.1 million.First announced in April, the deal creates a combined company that is projected to produce about 160,000 gold equivalent ounces in the 2025 fiscal year, with the potential to rise to 180,000 ounces the following year.Alkane has acquired all of Mandalay's iss…

Alkane commences TSX trading - Australian Mining

Alkane Resources has officially commenced trading on the Toronto Stock Exchange (TSX) under the ticker symbol ALK.