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VAU — Vault Minerals News Story

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Brief: Regis Resources And Vault Minerals To Create A New Senior Gold Producer

May 5 (Reuters) - Vault Minerals VAU.AX:

REGIS AND VAULT TO CREATE A NEW SENIOR GOLD PRODUCER,RRL-VAU.AX

REGIS TO BUY 100% OF VAULT IN MERGER-OF-EQUALS

SHAREHOLDERS TO RECEIVE 0.6947 REGIS SHARES PER VAULT SHARE

RUSSELL CLARK TO BE NON-EXECUTIVE CHAIRMAN, JIM BEYER TO BE CEO OF COMBINED COMPANY

SCHEME IS UNANIMOUSLY RECOMMENDED BY VAULT BOARD

UPON IMPLEMENTATION, REGIS SHAREHOLDERS WILL OWN 51% AND VAULT SHAREHOLDERS WILL OWN 49% OF COMBINED CO

Further company coverage: VAU.AX

 ((Reuters.Briefs@thomsonreuters.com;))

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