ST Barbara to acquire Genesis Minerals.

Synopsis

ST Barbara, a gold company, agreed to acquire Genesis Minerals, a gold mining district of Leonora, Western Australia. Financial terms were not disclosed. The new entity will be named Hoover House and based in Perth. The combined company is targeting 300k ounces of gold production per year.

Principals

target

Genesis Minerals

bidder

St Barbara

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Market Context

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Seller Team (1)

raleigh finlayson

CEO at GENESIS MINERALS

Manager

target

Deals

£ 30 M

Total Value

Bidder Team (3)

michael weir

Partner and Director at Citadel Magnus

PR Consultant

bidder

Deals

£ 1.64 B

Total Value

craig jetson

CEO at ST BARBARA LTD

Manager

bidder

Deal

n/a

Total Value

paul ryan

Communications Director at Citadel Magnus

PR Consultant

bidder

Deals

£ 2.03 B

Total Value

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