Minotaur, Breakaway in merger talks: report

Junior miners set to join forces as equity raising freeze continues to weigh.

Minotaur Resources Ltd and Breakaway Resources Ltd look set to merge as the sharp decline in equity raising activity continues to cripple junior resources stocks, The Australian reports.

According to the newspaper, Minotaur and Breakaway are in talks over a deal that would see the latter avoid a dilutive equity raising.

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