Regis Resources to acquire Vault Minerals, creating A$10.7B gold producer

On May 4, 2026, Regis Resources Limited ("Regis") announced a transaction to combine with Vault Minerals Limited ("Vault") valued at approximately A$10.7 billion. The combination will create one of Australia’s largest listed gold producers, with multiple operating mines and development projects in Western Australia and Canada including Ontario's Sugar Zone mine.

Under the terms of the transaction, Vault shareholders will receive 0.69 Regis shares for each Vault share. Following completion, Regis shareholders will hold approximately 51% of the combined entity, with Vault shareholders holding the balance. The completion of the transaction is expected to be between August 1, 2026 to September 30, 2026.

Regis is an ASX-listed Australian gold mining company with operations at Duketon and Tropicana in Western Australia and the McPhillamys project in New South Wales.

McCarthy Tétrault LLP advised Regis with a team led by Eva Bellissimo that included Samantha Pettinato (Mergers and Acquisitions), Casey Halladay (Competition), Patrick Pengelly (Labour and Employment), Selina Lee-Andersen (Corporate/Commercial), Kent Beattie (Real Property and Planning), and Rachel Cristofoli (Business).