- Northern Star Resources and Saracen Mineral announced a mega merger of equals on Monday, creating a new Tier-1 senior gold producer.
- The deal is a win-win for shareholders with significant synergies given their operating jurisdictions, and extra processing capacity with seven mills, providing for greater operational flexibility.
- I see this as a great deal for Saracen shareholders, as there are few more logical mergers in the space currently given the synergies.
For further details see:
Northern Star Merges With Saracen: Creating A New Tier-1 Senior Gold Producer