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    VAU — Vault Minerals News Story

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

    Picture of Vault Minerals logoVault Minerals
    13/07/2026 23:53
    BRIEF-Vault Minerals Says Genesis & Co Agree To Merge, Creating A New Gold Major
    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

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

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