TRG’s assets and its shares in Clements Recruitment and Bell Personnel were acquired for $A8.25 million cash and $6.75 million worth of Humanis shares at the issue price of 30c each.

Humanis said it funded the acquisition from its earlier $20 million capital raising.

The combined operations of Humanis and TRG will result in a larger international and domestic workforce pool to meet seasonal demands, Humanis says, as well as providing greater labour flexibility with integration benefits.

It plans to use TRG’s presence in the Middle East to expand the Humanis Ultimate Skills business in the region.

TRG specialises in providing temporary and permanent employees across a range of sectors, which include mining as well as civil and rail engineering.

In May, Humanis completed the acquisition of about 49% of issued capital of Springsure Mining.

Humanis’ investment in Springsure aims to ease the skilled labour shortage while providing practical training in mining and occupational health and safety.

The agreement gives the company a unique selling proposition, Humanis says.

“Springsure intends to construct a training mine facility in the area of a tenement located in the Bowen Basin,” Humanis said.

“And, subject to successful exploration and evaluation of the tenement, develop a sustainable underground thermal coal mine which will provide practical and theoretical mining and occupational health and safety training, experience and expertise.”

Humanis is in discussions in relation to the terms of this offer with Springsure.