M&A

Cashed up explorer to emerge in Plutonic-Marymia region

A NEWISH company called AIC Resources chaired by successful gold executive Josef El-Raghy is combining with cashed up Intrepid Mines via a reverse takeover to form an entity with a dominant land position in the underexplored Plutonic and Marymia region of Western Australia.

The entity will have a dominant position in the underexplored region

The entity will have a dominant position in the underexplored region

The combined entity to be led by the AIC team - including CEO Brett Montgomery - will have an estimated A$15-20 million at its disposal and more than 3000sq.km of ground to assess. That funding assumes...

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