Dacian Gold Limited and NTM Gold Limited announced that they have entered into a binding Scheme Implementation Deed (SID), under which the two companies will merge by way of a NTM Scheme of Arrangement (Scheme or Merger). The Merger will combine two complementary West Australian gold companies, leveraging Dacian's operational expertise and processing infrastructure to unlock the development potential of the Redcliffe Gold Project through regional consolidation (Merged Group). Following the implementation of the Scheme, NTM Director Eduard Eshuys will join the Dacian’s board as a non-executive Director.