Brief: Pacgold To Demerge North Queensland Assets Into Manda Resources
03/06/2026 02:52
BRIEF-Pacgold To Demerge North Queensland Assets Into Manda Resources June 3 (Reuters) - PACGOLD PGO.AX:
STRATEGIC DEMERGER OF NORTH QLD ASSETS
TO DEMERGE NORTH QUEENSLAND ASSETS INTO MANDA RESOURCES BACKED BY EMERALD RESOURCES
MANDA TO BUY TERRITORY MINERALS SECURING 100% OF FOUR NORTH QUEENSLAND GOLD PROJECTS
MANDA COMPLETES PRE-IPO SEED CAPITAL RAISE OF A$9 MILLION
SHAREHOLDERS TO RECEIVE 1 MANDA SHARE PER 6.76 PACGOLD SHARES HELD
MANDA TO SEEK ASX LISTING VIA IPO IN LATE 2026
MANDA PLANS MINIMUM A$21 MILLION IPO; EMERALD TO HOLD 19.9% POST-IPO
Further company coverage: EMR.AX
((Reuters.Briefs@thomsonreuters.com;))