Brief: Vault Minerals Says Genesis & Co Agree To Merge, Creating A New Gold Major

Genesis Minerals

13/07/2026 23:53

July 14 (Reuters) - Vault Minerals Ltd VAU.AX:
GENESIS & VAULT AGREE TO MERGE, CREATING A NEW GOLD MAJOR
GENESIS AND VAULT AGREE TO MERGE IN ~A$12.6 BILLION DEAL
SHAREHOLDERS TO RECEIVE 0.76 GENESIS SHARES AND A$0.48 CASH PER VAULT SHARE
ESTIMATES POTENTIAL SYNERGIES OF ~A$2 BILLION POST-TAX, INCLUDING ~A$1.5 BILLION OVER TEN YEARS
APPOINTS RUSSELL CLARK AS NON-EXECUTIVE CHAIRMAN OF MERGED GROUP
SCHEME IS UNANIMOUSLY RECOMMENDED BY THE VAULT BOARD
Further company coverage: VAU.AX

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