Alkane Resources (ASX:ALK,OTC Pink:ALKEF) and Mandalay Resources (TSX:MND,OTCQB:MNDJF) have announced a merger of equals to form a new gold and antimony producer. In a joint release on Monday ...

Mandalay Resources Corp (MND), a mining company ... Additionally, a proposed merger with Alkane Resources is expected to enhance market capitalization and production capabilities.

Edison noted that Alkane is acquiring Mandalay on a pro forma P/E (price to earnings ratio) of 5.1x to June, while it is trading on a prospective P/E of 10.1x. Definitive demonstration of value ...

On Sunday evening, Mandalay Resources (TSX: MND) announced that it would be partaking in a merger with that of the ASX-listed Alkane Resources, starting off a second straight week of M&A activity ...

Alkane Resources has advanced its merger with Mandalay Resources, while Catalyst Metals has sharpened its focus on Plutonic, as both companies deliver strong results for the March quarter.