St Barbara eyes Catalpa marriage

THE recent spate of mergers in the Australian gold sector continues, with St Barbara seeking to tie the knot with Catalpa Resources in a cash and scrip deal that would create a $A865 million mid-tier gold vehicle.

St Barbara eyes Catalpa marriage St Barbara eyes Catalpa marriage St Barbara eyes Catalpa marriage St Barbara eyes Catalpa marriage St Barbara eyes Catalpa marriage

St Barbara announced today it approached the board of Catalpa on May 10 with a scheme of arrangement proposal.

The half scrip and half cash transaction implies an offer value of $A1.

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