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WA-40036

Genesis Minerals / Vault MineralsWA-40036

View on ACCC

Processing timeline

27

days

Filed

31 July 2026

Notification waiver determination published

Decision

27 Aug 2026Notification waiver determination published
Type
Waiver
Outcome
Approved
Stage
Waiver application
Status
Assessment completed

Parties

Acquirer(s)

GENESIS MINERALS LIMITED ABN - 72 124 772 041

Target(s) or Vendor(s)

VAULT MINERALS LIMITED ABN - 73 068 647 610

Other parties

None listed

Summary

Genesis Minerals Limited, an ASX-listed gold producer, will acquire Vault Minerals Limited, an ASX-listed gold exploration and mining company, via a scheme of arrangement. Genesis will acquire 100% of Vault's shares. Both companies have gold operations in Western Australia, with Vault also having Canadian assets.

Acquisition details

Genesis Minerals Limited (ASX: GMD) ( Genesis ) and Vault Minerals Limited (ASX:VAU) ( Vault ) have entered into an agreement to merge via a scheme of arrangement, under which Genesis will acquire 100% of the issued shares in Vault (the Acquisition ). Genesis is an ASX-listed gold producer, with gold mining operations selling gold bullion produced from its operations and processing hubs in the Goldfields Region (Leonora and Laverton) in Western Australia. Vault is an ASX-listed gold exploration and mining company. Vault owns three gold mining operations in Western Australia (Deflector, Leonora and Mount Monger) and an advanced gold production restart operation in Ontario, Canada (Sugar Zone). Vault produces gold bullion, silver (as a by-product of its gold operations) and gold-copper concentrate.

Industry

Broad:Professional & Business Services

Decisions and key events

27 Aug 2026Notification waiver determination publishedAttachmentPDF139.1 KB

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