Metallica and Melior to merge

THE merging of low-profile companies Metallica Minerals and TSX-V-listed Melior Resources is aimed at creating a cashflow generating company of market relevance.

Metallica and Melior to merge Metallica and Melior to merge Metallica and Melior to merge Metallica and Melior to merge Metallica and Melior to merge

Melior, the owner of the Goondicum ilmenite project in Queensland that's expected to come into production late this year, will hold 64% of the merged company.