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Aurelia Metals Provides Clarifying Comment on Acquisition of CSA Mines

26 Apr 2019  |  10:19:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: CSA-Clarifying Comment

Aurelia Metals noted that during its March 2019 quarterly report conference call held on 24 April 2019, a question was asked in relation to apparent rumours that the Company was interested in acquiring CSA Mines. The Company's high-level assessment is that CSA Mine could potentially be a strategic fit for the Company, consistent with its general view that further consolidation in the Cobar region is potentially attractive. In this vein, the Company has had preliminary discussion with the owner of the CSA mine regarding the possibility of a transaction.

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