Rigel Resource Acquisition Corp merges with gold miner Aurous, set to list on Nasdaq post-vote.

Rigel Resource Acquisition Corp has received SEC approval for its merger with Aurous, a gold mining company. The merger, set for a shareholder vote on Feb 4, aims to expand Aurous's gold production. In H1 FY2025, Aurous reported $23 million in revenue and sold 10,888 oz of gold. Post-merger, the company, named Aurous Resources, will list on Nasdaq, with three new independent directors appointed.

2 months ago
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