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  5. Westgold Resources Acquires Karora Resources

M&A Deal Summary

Westgold Resources Acquires Karora Resources

On April 8, 2024, Westgold Resources acquired metals/mining company Karora Resources for 1.2B AUD

Acquisition Highlights
  • This is Westgold Resources’ 1st transaction in the Metals/Mining sector.
  • This is Westgold Resources’ largest (disclosed) transaction.
  • This is Westgold Resources’ 1st transaction in Australia.

M&A Deal Summary
Date 2024-04-08
Target Karora Resources
Sector Metals/Mining
Buyer(s) Westgold Resources
Deal Type Merger
Deal Value 1.2B AUD

Target

Karora Resources

West Perth, Australia
Karora Resources is a multi-asset mineral resource company focused primarily on the acquisition, exploration, evaluation and development of base metal and precious metal properties. Karora Resources was founded in 2006 and is based in West Perth, Australia.

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Buyer(S) 1

Buyer

Westgold Resources

East Perth, Australia
Category Company
Sector Metals/Mining
DESCRIPTION

Westgold Resources Ltd. manages an exploration and development of mineral properties in Australia.

DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2024 M&A 1 of 1
Size (of disclosed) 1 of 1
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