Evolution to combine with La Mancha Australia to form a leading growth-focused Australian gold producer

Evolution Mining (”Evolution”) is pleased to announce that it has entered into a binding agreement with La Mancha Group International BV (“La Mancha”) to acquire 100% of La Mancha’s Australian operations (“La Mancha Australia”). Upon completion of the Transaction, La Mancha will be issued 322.024 million new fully-paid Evolution ordinary shares representing 31% of Evolution’s enlarged share capital.

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