Argonaut acted as Financial Advisor to Bardoc Gold Limited (ASX: BDC) on its all scrip $157 million Scheme of Arrangement with St Barbara Limited (ASX: SBM) and concurrent demerger of Edge Minerals.
The transaction will logically combine the Bardoc Gold Project with St Barbara’s assets in the Leonora-Laverton region and will enable the enlarged St Barbara to achieve its strategy of filling the Gwalia Mill.
Argonaut is delighted to have supported Bardoc on this transaction and commends the Bardoc Board on the execution of this successful transaction following the strategic review undertaken by Argonaut in September 2021.