Regis-Vault Merger Creates $7.7bn Gold Producer

Regis Resources will acquire Vault Minerals in an all‑share deal valuing the combined gold producer at A$10.7 billion ($7.7 billion).
Post‑merger ownership will be roughly 51% Regis shareholders and 49% former Vault investors, with Vault shareholders receiving 0.6947 Regis shares per share.
The firm aims to produce >700,000 oz gold annually, holds 6 m oz reserves, 20.5 m oz resources, and is debt‑free with A$1.9 bn cash.
Expected synergies include procurement savings and over A$500 million in corporate tax benefits, with the deal slated for September‑quarter completion pending approvals.