# Kingston Resources to merge with WCB Resources

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.

- Type: Acquisition
- Announced: 2017-09-01
- Where: Misima, Papua New Guinea, Papua New Guinea
- Status: announced
- Products: gold, silver
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [WCB Resources](https://endata.com/companies/22261.md) (target)
- [Kingston Resources](https://endata.com/companies/26700.md) (acquirer)

## Sources

- [miningnews.net](https://www.miningnews.net/m-a/news/1313057/kingston-unveils-merger), 2017-09-01: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.