CRC cortona resources limited

crc merger with uml

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    Cortona Resources and Unity Mining Announce Merger
    to Form Growing Australian Gold Business

    Highlights of the Merged Entity

    A growth profile showing gold production increasing to around 100,000 ounces per annum

    Combined cash reserves in excess of $40 million1, plus cashflow from the Henty Gold Mine

    Gold reserves of approximately 350,000 ounces

    Gold resources in excess of 735,000 ounces

    Pro forma market capitalisation of ~$90 million

    Exposure to West African gold exploration assets through 34% investment in GoldStone Resources Limited

    Capacity for continued growth through logical industry consolidation
 
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