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Jon Price says the merger is consistent with Intermin’s growth strategy.

Intermin, MacPhersons in $62m merger

Local gold explorers Intermin Resources and MacPhersons Resources have announced plans for a $62 million merger to form Horizon Minerals, which will hold significant assets in the Kalgoorlie region.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/08/19

1 year TSR5 year TSR
99thMincor Resources70%0%
443rdHorizon Minerals-15%11%
496thWolf Minerals-22%-34%
519thPaladin Energy-26%-18%
736 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

22/08/19
$29k Sold
22/08/19
$0 Other
08/08/19
$17k Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

46th↑Mincor Resources$41.3m
47th-Paladin Energy$32.1m
48th↑Horizon Minerals$27.5m
49th↑Wolf Minerals$26.0m
50th↑Sundance Resources$25.2m
487 listed resources companies ranked by revenue.
Source: Morningstar

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