MANAGEMENT

Mastermyne wraps up Wilson acquisition

MASTERMYNE has completed the acquisition of Wilson Mining Services with effect from August 30 for an upfront consideration of $7.6 million.

 Mastermyne CEO Tony Caruso.

Mastermyne CEO Tony Caruso.

The consideration was paid as $3.8 million cash on completion, with the balance to be issued as 3.9 million ordinary shares in Mastermyne to be issued and escrowed for 12 months. The consideration may...

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