Argonaut is pleased to have advised Kaiser Reef Limited (ASX:KAU) on its acquisition of the Henty Gold Mine and associated Tasmanian exploration tenements from Catalyst Metals Limited (ASX: CYL). Argonaut also acted as Joint Lead Manager and Joint Bookrunner for the A$30m two-tranche placement in support of this transaction.
This acquisition marks a significant milestone for Kaiser Reef, immediately transforming the company into a multi-asset gold producer with annual production exceeding 30koz and a pathway to 50kozpa. Notably, Catalyst will remain as a major shareholder, reinforcing the long-term partnership potential between the two companies.
Congratulations to Kaiser Reef’s Managing Director Jonathan Downes, Executive Director Brad Valiukas, and the entire Kaiser team on this transformational step.
Thank you to the Argonaut deal team led by Greg Southee, Kaiden Gilbert, and Max Carter-Mazak for their efforts in delivering this transaction with support from the ECM syndication team led by Chris Wippl, Digby Gilmour, and George Ogilvie.
For more information, visit the KAU website here.
