Catalyst Metals completed the acquisition of Superior Gold for $39m.

Catalyst Metals, a mineral exploration company, completed the acquisition of Superior Gold, a gold miner, for $39m. "We are very pleased to offer shareholders the opportunity we have always proposed, the consolidation of the Plutonic-Marymia gold belt, with a meaningful immediate premium, diversification of assets and cash flow and logically, a listing on the ASX. We believe the Transaction will create a strong platform from which to advance the development of the Plutonic underground mine and surrounding open pit projects. Shareholders will also benefit from Catalyst's strong Australian shareholder register, financial strength and portfolio of exploration projects. We would like to thank our indigenous partners, the Jidi Jidi Aboriginal and the Marputu Aboriginal Corporation, for all of their support. I am confident that, when completed, this Transaction will mean an even stronger future for Plutonic. Catalyst will bring to Plutonic a team with international mining experience, a proven track record of exploration success and the financial resources to develop the district," Chris Jordaan, Superior Gold President and CEO.