# Intermin Resources and MacPhersons Resources agree to merge

Intermin Resources Ltd. and MacPhersons Resources Ltd. have executed a Merger Implementation Agreement to combine via a Scheme of Arrangement, with Intermin offering 1 share for every 1.8227 MacPhersons shares, valuing MacPhersons at approximately A$0.0825 per share. The merged entity will be renamed Horizon Minerals Ltd.

- Type: Acquisition
- Announced: 2018-11-12
- Where: Kalgoorlie region, Australia
- Status: announced
- Products: gold, vanadium, nickel-cobalt, copper, silver-zinc

## Companies

- [Intermin Resources](https://endata.com/companies/35430.md) (acquirer)
- [MacPhersons Resources](https://endata.com/companies/35431.md) (target)

## Sources

- [rohstoff-welt.de](https://www.rohstoff-welt.de/news/315137--Intermin-Resources-Limited~-and-MacPhersons-Resources-Ltd.-Agree-to-Merge.html), 2018-11-12: "Transformational combination of the two companies, with combined estimated Mineral Resources of 1.15Moz of gold"

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