Dacian and NTM to merge

DACIAN Gold will acquire Leonora explorer NTM Gold in a scrip transaction worth about A$96 million.

Dacian and NTM to merge Dacian and NTM to merge Dacian and NTM to merge Dacian and NTM to merge Dacian and NTM to merge

Dacian's Mt Morgans plant in Western Australia

The two will merge via a scheme of arrangement that will see NTM shareholders end up with 31.6% of the enlarged Dacian.

Dacian will offer one share for every 2.