Territory, Matilda merger on the cards

TERRITORY Resources chairman Michael Kiernan has flagged a future merger with Matilda Minerals after the company announced it had lifted its stake in Matilda to 8.6% following a $2.75 million investment in the mineral sands producer.

Territory, Matilda merger on the cards Territory, Matilda merger on the cards Territory, Matilda merger on the cards Territory, Matilda merger on the cards Territory, Matilda merger on the cards

Speaking to journalists during a site visit to Matilda Minerals’ Tiwi Islands operation, Kiernan said at some stage the two companies would join forces.

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