M&A

Kaiser Reef to ride Centennial's wave

ALMOST a year after the assets of Centennial Mining were placed into administration, following a debt crunch, a recently-listed gold explorer has signed a deal to acquire its assets for an estimated A$16 million in shares.

 Centennial's A1 mine continues to produce gold

Centennial's A1 mine continues to produce gold

As part of the deal, Kaiser Reef is looking at raising up to $7.5 million at 30c, which follows its $4.5 million IPO in February, based on some speculative assets in the Lachlan Fold Belt, New South Wales....

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