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Kingston Resources will merge with WCB Resources via a Canadian plan of arrangement, gaining control of the 2.3Moz Misima gold project in Papua New Guinea.
“The merger of Kingston Resources and WCB Resources creates a strong platform for shareholders to benefit from a substantial value uplift driven by an acceleration in exploration activity at the Misima gold project.”miningnews.net
Summarized from public sources; check the original articles before acting on it.