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White Rock Minerals Ltd (ASX:WRM, OTCQX:WRMCF) has appointed experienced capital markets professional Peter Mangano as non-executive chairperson following. ....
The multi-element explorer is working across assets in Australia’s eastern states and central Alaska, where its biggest exploration campaign to date is. ....
White Rock Minerals Ltd (ASX:WRM) and AuStar Sign Revised Merger Implementation Deed
White Rock and AuStar Sign Revised Merger Implementation DeedBallarat, April 30, 2021 AEST (ABN Newswire) - AuStar Gold Limited ( ASX:AUL) and White Rock Minerals Ltd ( OTCMKTS:WRMCF) refer to their joint ASX announcement of 3 February 2021 in which they advised that they had entered into a Merger Implementation Deed for the Share Scheme. AuStar Gold and White Rock are pleased to advise that they have now entered into an Amended and Restated Merger Implementation Deed (Revised MID), which, in addition to the Share Scheme, also includes mechanisms for dealing with AuStar Gold listed options and other AuStar Gold securities on issue. ....
White Rock Minerals Ltd (ASX:WRM) White Rock to Acquire AuStar Gold
ASX:AUL) and White Rock Minerals Ltd ( OTCMKTS:WRMCF) are pleased to advise that they have entered into a binding Merger Implementation Deed (MID), pursuant to which it is proposed that White Rock will acquire 100% of the issued share capital of AUL via a scheme of arrangement between AuStar Gold and its shareholders (the Scheme). The Scheme consideration is to be paid in the form of shares in White Rock with each AuStar Gold shareholder receiving 0.78 White Rock shares for each AuStar Gold share held. This implies a price of 43.5 cents per AuStar Gold share on issue and is based on the 1-month VWAP AuStar Gold share price of 27.8cps and the 1-month VWAP White Rock share price of 55.7cps (as at the close of trading on 2 February 2021). ....
White Rock Minerals to become a high-grade Victorian gold explorer following entering into a binding merger implementation deed with AuStar Gold 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. White Rock will join the league of Australian gold producers, the goal for many a small junior exploration company. White Rock Minerals Ltd (ASX:WRM) is set to become a high-grade Victorian gold explorer and production folling entering into a binding merger implementation deed (MID) with AuStar Gold Ltd (ASX:AUL), enabling WRM to acquire 100% of the issued capital of AUL through a scheme of arrangement between the two companies and their shareholders. ....