Money of Mine Who’s Winning out of Rex’s $400m Bid?
Plenty to rip into as always on a Monday, with two deals grabbing the headlines.
MACH is buying Rex (RXM) for a bit under $400m while the Mt Bundy gold project is also being sold.
Canada is making some big changes on an M&A front, while Encounter (ENR) continued its run on niobium hits.
Ramelius (RMS) shared its cash figures while getting the go ahead, if it’s still interested, in bidding Westgold (and Karora) while Regis (RRL) generated plenty of cash.
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(0:00:00)Introduction
(0:01:53)Rex Minerals being acquired
(0:14:41)Mount Bundy shovel ready
(0:18:49)Big changes on the TSX
(0:30:21)The exploration company approaching $0.5B
(0:38:44)Ramelius print cash again
(0:46:17)Regis finally printing cash