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.

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Mastermyne wraps up Wilson acquisition Mastermyne wraps up Wilson acquisition Mastermyne wraps up Wilson acquisition Mastermyne wraps up Wilson acquisition Mastermyne wraps up Wilson acquisition

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.