Announced

Aeris Resources to acquire Round Oak Minerals from Washington H. Soul Pattinson for $167.

Synopsis

Aeris Resources, an Australia-based copper ores company, agreed to acquire Round Oak Minerals, a growing Australian copper and zinc mining business, from Washington H. Soul Pattinson, an investment firm, for $167. “This transaction represents the culmination of a significant phase of investment in building a substantial base metals business and, through the combination of Round Oak with Aeris, provides a strong platform to continue WHSP’s exposure to copper which is well-positioned to benefit from global trends in electrification and renewable infrastructure," Todd Barlow, WHSP Managing Director.

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