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Ambitious junior pulls off big Cracow deal

Junior copper miner Aeris Resources has agreed to acquire Evolution Mining’s Cracow gold mine in Queensland in a deal worth up to A$125 million (US$86 million).

Ambitious junior pulls off big Cracow deal Ambitious junior pulls off big Cracow deal Ambitious junior pulls off big Cracow deal Ambitious junior pulls off big Cracow deal Ambitious junior pulls off big Cracow deal

The Cracow mine in Queensland, Australia

Consideration comprises A$60 million cash up-front and $15 million cash payable on June 30, 2022.