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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 31/01/19

1 year TSR5 year TSR
234thTitan Minerals0%-56%
441stIntermin Resources-29%20%
491stEmpire Resources-37%8%
537thWolf Minerals-43%-39%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

14/08/18
$51k Sold
14/08/18
$43k Bought
14/08/18
$43k Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

46th↑Intermin Resources$27.5m
47th↑Wolf Minerals$26.0m
48th↑Empire Oil & Gas$20.0m
50th-Titan Minerals$19.4m
51st↑Empire Resources$19.1m
503 listed resources companies ranked by revenue.
Source: Morningstar

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