Regis Resources - Vault Minerals

MN-65020

Regis Resources Limited (ASX:RRL) (Regis) and Vault Minerals Limited (ASX:VAU) (Vault) have entered into an agreement to merge via a scheme of arrangement, under which Regis will acquire 100% of the fully paid ordinary shares in Vault (the Acquisition). Upon implementation of the scheme, the combined company will be owned 51 per cent by Regis shareholders and 49 per cent by Vault shareholders. Regis is an Australian ASX-listed gold producer, headquartered in Western Australia. Regis owns three mining assets in Australia, consisting of the operational Duketon and Tropicana gold mines in Western Australia and the McPhillamys gold project in New South Wales, which is not currently operational. Vault is an Australian ASX-listed gold producer, headquartered in Western Australia. Vault owns three operating gold mines in Western Australia (Leonora, Deflector and Mount Monger) and an advanced gold restart project in Ontario, Canada (Sugar Zone) which is not currently in production.