Develop to acquire Premium Group for A$7.46 million

Develop has entered into a letter of intent to acquire Premium Mining & Civil and Premium Mining Personnel for A$7.46 million, subject to approvals, to bolster its contract mining capabilities.

“The two parties have entered into a letter of intent (LOI) pursuant to which Develop has agreed to acquire Premium Mining & Civil Pty Ltd and Premium Mining Personnel Pty Ltd (together, the Premium Group) for total consideration of A$7.46 ($5.3 million) million less net debt.”im-mining.com

• 1 source
• im-mining.comDevelop to bolster contract mining capacity with Premium Group acquisition - International MiningDaniel GleesonMay 25, 2022

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