Every Spin-Off
Genesis Minerals
GMD AUCompletedAUMines and mills gold in the Leonora district of Western Australia, including the Gwalia underground mine.
St Barbara sold its Leonora gold assets to Genesis Minerals for cash and Genesis shares, then returned about A$268m of capital by distributing the Genesis shares in specie at 1 GMD share for every 4 SBM shares (ex-date 6 July 2023).
- Distribution date
- 11 Jul 2023
- Structure
- Stake distribution
- Parent
- St Barbara (SBM AU)
- Spin-off ticker
- GMD AU
- Listing
- ASX
- Market
- Australia
- Sector
- Materials
- Size
- small
Source documents
- Press releaseSt Barbara annual report (09/15/23)
- PresentationNot located
- Prospectus / demerger documentNot located
- Sourcehelp.stockdoctor.com.au
- Sourcestrawman.com
- Sourcesupport.class.com.au (corporate actions log)
Every Spin-Off research
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