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Coda Minerals

Established in WA: 2019

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M&A Deals

AnnouncedBidderTargetTransaction TypeTotal Value
11/03/19Coda MineralsGindalbie MetalsDemerger$0>>

Biography

Coda Minerals was a wholly owned subsidiary of Gindalbie Metals. In March 2019 Gindalbie announced a deal under which it would be acquired by Ansteel, prior to which Coda would be demerged by way of a distribution to Gindalbie shareholders. Post implementation of the demerger, it was intended that Coda would be an exploration company with a clear focus on progressing Mt Gunson, in which it has a right to earn up to a 75% interest. Coda intends to apply for admission to the official list of the ASX as soon as practicable after implementation of the demerger.
Biography last updated 11 Sep 2019

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