Pantages Capital Acquisition Corporation and MacMines Announce $180 Million Merger

Reuters11-19

<a href="https://laohu8.com/S/PGACU">Pantages Capital Acquisition Corporation</a> and MacMines Announce $180 Million Merger

Pantages Capital Acquisition Corporation and MacMines Austasia Pty Ltd. have entered into a definitive agreement to combine their businesses with newly formed entities Horizon Mining Limited, Horizon Merger 1 Limited, and Horizon Mining SPV Pty Ltd. The transaction values the combined company at USD$180 million. Upon closing, MacMines will receive ordinary shares of Horizon Mining, and both MacMines and Pantages will become wholly-owned subsidiaries of Horizon Mining. Shares of the combined company are expected to be listed on the Nasdaq Capital Market or Nasdaq Global Market, subject to approval. The boards of both companies have unanimously approved the transaction, which is pending customary closing conditions and shareholder approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pantages Capital Acquisition Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1104106) on November 19, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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