MinRex Resources has entered into a definitive arrangement agreement to acquire all issued and outstanding shares of Electrum Discovery, representing a major gold-copper merger. The transaction will proceed via a statutory plan of arrangement. Valued at around $18.73m (A$28m), the deal is being positioned as a merger of equals. The combined company will bring together Electrum’s gold and copper projects in Serbia with MinRex’s assets in New South Wales (NSW), Australia. A key highlight is Electrum’s T ...

 Vancouver, Canada – TheNewswire - January 5, 2026 – Electrum Discovery Corp. ("Electrum" or the "Company") (TSX-V:ELY |FRA:R8N |OTC:ELDCF) is pleased to announce that it has entered into an arrangement agreement dated January 5, 2026 (the "Arrangement Agreement") with ASX listed MinRex Resources Limited (ASX: MRR) ("MinRex") pursuant to which Electrum and MinRex will combine in a share exchange transaction (the "Transaction") by way of a plan of arrangement (the "Arrangement"). MinRex will be the survivin ...

Core Viewpoint - Destination XL Group and FullBeauty are merging to create a larger entity in the apparel market, focusing on extended sizes and inclusive fashion, with FullBeauty shareholders owning 55% of the new group [3][7]. Company Overview - FullBeauty operates a range of plus-size and inclusive apparel brands, including KingSize, Catherines, Eloquii, Roaman's, and Dia, while Destination XL is known for its DXL Big + Tall and Casual Male XL store chains [4][10]. - The combined entity will serve approximately 34 million customer households and operate nearly 300 stores, with direct-to-consumer sales making up about 75% of total revenue [5]. Financial Projections - On a pro forma basis, the merged group is expected to generate around $1.2 billion in annual revenue and an adjusted EBITDA of approximately $70 million by October 2025 [6]. - Management anticipates annual cost savings of about $25 million by 2027 [6]. Leadership and Structure - Jim Fogarty, the current CEO of FullBeauty, will lead the combined business, while Peter Stratton from Destination XL will serve as CFO [5]. - The board will consist of nine directors, evenly split between appointees from both companies, plus one independent director [9]. Market Positioning - The merger aims to create a scaled player in a fragmented apparel market, leveraging digital capabilities, data analytics, and fit expertise [7][8]. - The combined company is positioned to drive innovation in inclusive fashion, enhancing customer choice in a historically underserved category [9].

VANCOUVER, British Columbia, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that Teck has obtained a final order from the Supreme Court of British Columbia approving the previously-announced plan of arrangement under section 192 of the Canada Business Corporations Act, involving, among other things, the merger of equals of Anglo American plc (“Anglo American”) and Teck (the “Merger”). The Merger remains subject to the satisfaction or wa ...

 Vancouver, BC –TheNewswire - December 10, 2025 – Global Stocks News - Sponsored content disseminated on behalf of Dolly Varden Silver. On December 8, 2025 Dolly Varden Silver (TSX-V: DV) (NYSE MKT: DVS) (FSE: DVQ) announced a proposed merger with Alaska-based Contango ORE.Dolly Varden Silver has secured 100,000 hectares of prospective land containing five past-producing silver mines. In the last five years, the company has grown from a $20 million valuation to about C$560 million.This growth stems from tw ...

PresentationSheila Murray It looks like everyone has settled down in their seats, so I'm going to call this meeting to order. My name is Sheila Murray. I'm the Chair of the Board of Teck Resources. And I'm delighted to welcome you to this special meeting of our shareholders. The meeting has been called in connection with the proposed merger of equals with Anglo American. Before we begin, I'd like to acknowledge that we're meeting today on the traditional ancestral and unseated territory of the Coast Salish ...

Merger of Equals with Anglo American plc approved by both classes of Teck shareholders VANCOUVER, British Columbia, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today the voting results from its Special Meeting of Shareholders held on Tuesday, December 9, 2025 (the “Meeting”). Teck shareholders overwhelmingly voted to approve the special resolution (the “Arrangement Resolution”) approving the plan of arrangement under the Canadian Business ...

Transaction Overview - AkzoNobel and Axalta will combine in an all-stock merger, with Axalta shareholders receiving 0.6539 shares of AkzoNobel for each Axalta share[31] - AkzoNobel expects to pay a special cash dividend to its shareholders equal to €2.5 billion minus regular dividends in 2026 prior to completion[31] - Pro forma ownership will be 55% AkzoNobel shareholders and 45% Axalta shareholders[31] - The transaction is expected to close in late 2026 to early 2027, pending approvals[31] Financial Highlights - The combination aims to create ~$600 million in cost and operational synergies[28] - The combined company's 2024A revenue is $16.9 billion, with $11.6 billion from AkzoNobel and $5.3 billion from Axalta[44, 67] - The combined adjusted EBITDA for 2024A is $3.3 billion, including synergies, with a margin of approximately 19.5%[67] - Adjusted Free Cash Flow is projected at $1.5 billion, including synergies[67] Strategic Benefits - The merger creates a top-tier portfolio with leading positions in key end-markets and globally recognized brands[28] - The combined company will have extensive scale, bringing global capabilities to local customers[28] - The combined R&D investment is approximately $400 million annually, representing about 2.5% of sales[52] - The combined company will have a balanced geographical revenue split, with 43% from EMEA, 24% from APAC, 23% from North America, and 10% from Latin America[48]

Core Insights - The merger between the two companies is characterized as a "no premium merger of equals," indicating that both companies are performing well and have supportive leadership teams for the integration [1][2][3] - The combined entity will have a significant global presence, with operations in 160 countries, 170 manufacturing sites, and 91 R&D centers, enhancing its distribution capabilities [6][8] - The governance structure post-merger will feature a balanced leadership, with the CEO from one company and the chairman from the other, ensuring equitable representation [4][5] Financial Aspects - A special dividend of €2.5 billion will be paid to shareholders ahead of the transaction, adjusting the ownership stakes to 55% and 45% [4] - The merger is expected to create the largest performance coatings business globally, and the second largest when including paint and coatings [8] Strategic Benefits - The merger aims to leverage the combined strengths of both companies to build critical size and enhance competitiveness in the market [7][8] - The integration is seen as an opportunity to optimize operations and improve overall business performance, with a focus on local presence and global coverage [6][7]

Core Viewpoint - Anglo American plc and Teck Resources Limited are proposing a merger of equals to create "Anglo Teck," aimed at becoming a leading global critical minerals champion and a top-five global copper producer by 2027 [1] Group 1: Merger Details - The merger will result in Anglo Teck having over 70% exposure to copper, with projected annual copper production of approximately 1.2 million tonnes and premium iron ore production of 61 million tonnes by 2024 [2] - Anglo American shareholders will own approximately 62.4% of Anglo Teck, while Teck shareholders will own about 37.6% [3] - A special dividend of US$4.5 billion, approximately US$4.19 per share, is planned for shareholders ahead of the merger completion [3] Group 2: Value Creation and Synergies - The merger is expected to generate annual pre-tax recurring synergies of approximately US$800 million by the end of the fourth year, driven by economies of scale and operational efficiencies [4] - Long-term operational synergies from integrating operations in Chile are projected to deliver US$1.4 billion in underlying EBITDA revenue synergies annually from 2030 to 2049 [4] Group 3: Corporate Structure and Leadership - Anglo Teck's global headquarters will be in Vancouver, Canada, with corporate offices in London and Johannesburg, and a majority of the senior executive team based in Canada [5] - Leadership will include Duncan Wanblad as CEO, Jonathan Price as Deputy CEO, and John Heasley as CFO [5] Group 4: Commitment to Regions - Anglo Teck has committed to compliance with empowerment and mining license requirements in South Africa, along with financial contributions to the Junior Mining Exploration Fund [6] - In Canada, the company plans to invest at least CAD$4.5 billion over five years, including up to CAD$2.4 billion for the Highland Valley Copper Mine Life Extension Project [6] Group 5: Shareholder Approval - The merger requires shareholder approval at a General Meeting scheduled for 9 December 2025, with resolutions including the allotment of new shares and a legal name change to "Anglo Teck plc" [7]