Western Australian companies Dacian Gold and NTM Gold have agreed to merge their assets, with the combined group to have a market capitalisation of $285 million.
Our daily board moves wrap includes Alexander Grant, Trevor O'Connor, Scott Funston, Luke Reinehr, Paul Price, Ted van Heemst, Matthew Syme, Nico van der Hoven, Jurie Wessels, Jeremy King, and Luigi Matteucci.
NTM Gold is set to raise up to $3.9 million, while Encounter Resources has raised $1.4 million, as the two juniors seek to advance their exploration projects.
Emerging Goldfields explorer NTM Gold Limited (ASX: NTM) (“NTM” or “the Company”) is pleased to announce it has raised $1.5 million in a heavily oversubscribed placement of new shares.
Perth-based Zenith Minerals has purchased a key tenement at Northern Manganese's Mount Alexander North project near the port of Onslow in the West Pilbara.