Argonaut is pleased to have acted as Financial Advisor to Norton Gold Fields (a subsidiary of Zijin Mining Group) in its $167M sale of the Bullabulling Gold Project to Minerals 260 Limited (ASX:MI6).

The deal comprises $157M in cash and $10M in Minerals 260 shares, with the proceeds supporting Norton’s ongoing expansion and operational enhancements in the Kalgoorlie Gold Belt.

Argonaut played a critical role in navigating this complex transaction, providing strategic advice throughout the process. Congratulations to Vincent Lai and the Norton Gold Fields team on the sale, and to Minerals 260 on their acquisition of one of Australia’s largest undeveloped gold projects.

Argonaut’s advisory team for this transaction was led by Edward Rigg and Nick McDonough.