Ramelius Resources (ASX:RMS) confirms exclusive talks with Karora Resources

Ramelius Resources confirmed exclusive talks with Karora Resources on a potential transaction, responding to media speculations.

The company clarified that valuation discussions are ongoing, and no final agreement has been reached.

The company highlighted Karora's market capitalisation of approximately CAD$841 million ($944.3 million), indicating the potential scale of the deal.