CEO.CA's Inside the Boardroom: Mandalay and Alkane Merger Set to Close After July 28th Vote

Core Insights - The merger between Mandalay Resources Corp. and Alkane is set to close after a vote on July 28, 2025, transforming Mandalay from a $150 million market cap company to part of a $1 billion market cap operation producing 160,000 to 180,000 ounces annually [5]. Company Overview - Mandalay Resources Corp. is positioned for significant growth through this merger, which is described as a "merger of equals" that will enhance scale and diversification across three producing mines [5]. - The combined entity aims for inclusion in the ASX300 and JDXJ indices, which could catalyze a re-rating of 50% to 100% [5]. Industry Context - CEO.CA serves as a leading investor social network focused on junior resource and venture stocks, facilitating connections among investors and providing insights into emerging companies [2][3][7]. - The platform has gained popularity since its founding in 2012, attracting millions of users globally to discuss investment opportunities [3][7].