Aurum Resources

Mako Gold Limited (ASX:MKG) – Takeover Offer Closes

Aurum Resources Limited (ASX:AUE) ("Aurum") refers to its off-market takeover offer for all the ordinary shares in Mako Gold Limited (ASX:MKG) ("Mako") (the, “Offer”). Aurum is pleased to confirm that the Offer closed at 7.00pm (Sydney time) on 31 January 2025.


Aurum currently has a relevant interest in 91.38% of MKG’s shares.

As announced on 24 January 2025, Aurum commenced the compulsory acquisition process for the remaining MKG shares on issue and will provide an update promptly after completion of the compulsory acquisition process.


Click here for the full ASX Release

This article includes content from Aurum Resources Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

AUE:AU
Aurum Resources

Aurum Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Aurum Resources

Aurum Resources


Keep reading...Show less
Aurum hits 150 g/t gold at Boundiali, Cote d'Ivoire

Aurum hits 150 g/t gold at Boundiali, Cote d'Ivoire

Aurum Resources (AUE:AU) has announced Aurum hits 150 g/t gold at Boundiali, Cote d'Ivoire

Download the PDF here.

MKG: Directors Recommend AUE's Best and Final Offer

MKG: Directors Recommend AUE's Best and Final Offer

Aurum Resources (AUE:AU) has announced MKG: Directors Recommend AUE's Best and Final Offer

Download the PDF here.

Boundiali Gold Project Maiden Resource delivers 1.6 Moz

Boundiali Gold Project Maiden Resource delivers 1.6 Moz

Aurum Resources (AUE:AU) has announced Boundiali Gold Project Maiden Resource delivers 1.6 Moz

Download the PDF here.

AUE achieves in excess of 95% gold recoveries from Boundiali

AUE achieves in excess of 95% gold recoveries from Boundiali

Aurum Resources (AUE:AU) has announced AUE achieves in excess of 95% gold recoveries from Boundiali

Download the PDF here.

  Cazaly Resources

Joint Venture Secured over Advanced Gold Project in Western Australia’s World Class Gold Mining District

Cazaly Resources Limited (ASX: CAZ, Cazaly, or the Company) is pleased to announce that it has entered into an exclusive binding agreement with Brightstar Resources Ltd (ASX: BTR), to earn up to 80% equity in the Goongarrie Gold Project (Goongarrie, or the Project).

Keep reading...Show less
Brightstar Resources

Earn-In with Cazaly Resources over Non-Core Goongarrie Project Streamlines Portfolio

Brightstar Resources Limited (ASX: BTR) (Brightstar) is pleased to announce that a binding Term Sheet has been executed with Cazaly Resources Limited (ASX: CAZ, Cazaly), under which Cazaly is granted an option to elect to earn up to an 80% interest in the Goongarrie Gold Project, by incurring exploration expenditure of up to $3 million.

Keep reading...Show less
Paul Ferguson, CEO of Metals Australia.

Metals Australia Eyes Emerging North American Graphite Supply Chain, CEO Says

Metals Australia (ASX:MLS) CEO Paul Ferguson highlighted the challenges and opportunities in the graphite industry in a recent interview, saying policy changes in North America are encouraging investment in domestic supply chains.

“I think we've really started to see, particularly in the last 12 to 18 months and maybe a little longer than that, the focus, particularly in Canada and the US, has started to move in terms of strategic supply of domestic graphite,” Ferguson said, stressing the importance of graphite for electric vehicle manufacturing and energy storage systems.

Metals Australia’s Lac Carheil graphite project in Québec is positioned to benefit from this shift. The project is advancing through the prefeasibility study stage and has strong infrastructure advantages, including proximity to major mining hubs, a high-voltage Québec hydro power line and a new highway for improved accessibility.

Keep reading...Show less
BC on a map.

BC Moves to Expedite 18 Mining Projects as US Trade Tensions Rise

The BC government plans to fast track 18 resource projects to reduce the province’s dependence on US trade.

According to the CBC, the mining and energy projects are worth around C$20 billion combined, and are expected to move through the approval process at an accelerated pace amid ongoing trade tensions with the US.

The government has identified resource-dependent communities as the primary beneficiaries, as they are most vulnerable to potential trade disruptions. The projects are expected to employ 8,000 people.

Keep reading...Show less
Gold bar on scale.

Horizon Minerals, Poseidon Get Final Court Approval for Merger

The merger between Horizon Minerals (ASX:HRZ) and Poseidon Nickel is now legally effective.

The companies made the announcement in a joint press release on Monday (February 10), saying it follows final approval from the Supreme Court of Western Australia. They first announced the deal in October 2024.

The transaction is set to close on schedule as it was originally expected to go into effect in January or February.

Keep reading...Show less
Aurum Resources

Aurum Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×