Announced
Synopsis
Adventus, a gold mining company, agreed to merge with Luminex, a Canadian precious and base metals exploration and development company. Financial terms were not disclosed. “We are very pleased to be entering into this combination with Adventus. The Adventus team has done a tremendous job advancing the El Domo Project from an exploration and PEA stage project to the expected start of construction in the first half of 2024. This combination gives Luminex shareholders a more immediate re-rating and return potential from the advancement of the El Domo Project, while reinforcing the growth and new discovery potential of the combined exploration portfolio,” Marshall Koval, Luminex CEO.
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