CAPITAL MARKETS

Merger costs impact Evolution

EVOLUTION Mining has posted a $A17.9 million net loss after tax for the December half-year, which was mainly attributed to tax expenses related to the merger between Catalpa Resources and Conquest Mining.

Kristie Batten
Merger costs impact Evolution

The loss before tax was $1.1 million, while the profit before tax excluding non-recurring items was $20.2 million. Revenue was $154.6 million, generated from gold sales of 92,582 ounces of gold at...

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