Sons of Gwalia Ltd

Sons of Gwalia Ltd


Has signed a Merger Implementation Agreement with BeMaX Resources NL and Nissho Iwai Corporation. BeMaX, which owns 100% of the Pooncarie Mineral Sands Project in the Murray Basin, will be the publicly listed entity for the combined assets. Under the merger, the RZM Cable Sands group of companies and 100% of the Murray Basin Titanium Joint Venture interests (50% Nissho Iwai and 50% SGW) will become wholly owned by BeMaX.


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