Acquiring Company
Auric Mining Limited
Acquired Company
Union Jack Project
Vancouver
BathNatural ResourcesMiningPrecious MetalsMineralMining TechnologyData MiningEnergyOil And GasDescription
Auric Mining Limited has strategically acquired the Union Jack Project, boosting its gold resource by 51%. This acquisition includes two leases and is set to enhance Auric’s mineral inventory significantly. Initial consideration involves A$6.6 million in cash and A$3.0 million in shares. The project aims to improve near-term production capabilities at the Burbanks processing facility.
Don't miss Auric Mining Limited's next move
Get an email the moment Auric Mining Limited makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
Related People
M&A Insights
Based on deal dataFrequently asked
Who acquired Union Jack Project?
Union Jack Project was acquired by Auric Mining Limited, based in Vancouver. The deal was reported on September 9, 2026. Auric Mining Limited is a company operating in the mining industry, focusing primarily on gold mining. Auric Mining Limited is privately held and operates in Natural Resources.
When did Auric Mining Limited acquire Union Jack Project?
Auric Mining Limited's acquisition of Union Jack Project was reported on September 9, 2026. Auric Mining Limited has strategically acquired the Union Jack Project, boosting its gold resource by 51%. This acquisition includes two leases and is set to enhance Auric’s mineral inventory significantly. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Union Jack Project do?
The Union Jack Project is a gold mining project located in Western Australia. It has an Inferred Mineral Resource estimate of 3.12 million tonnes at 1.02 grams per tonne of gold. The project is positioned for near-term open pit gold mining opportunities. It is privately held, operating in Energy, and is based in Bath.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.