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De Grey Mining Ltd ( (AU:DEG) ) just unveiled an update.
De Grey Mining Ltd has received approval from the Federal Court of Australia for the acquisition of all its shares by Northern Star Resources Ltd through a scheme of arrangement. This legal approval marks a significant step in the acquisition process, leading to the suspension of De Grey’s shares from trading on the ASX and its eventual delisting, with new Northern Star shares set to commence trading on 6 May 2025.
More about De Grey Mining Ltd
De Grey Mining Ltd is a company operating in the mining industry, primarily focused on gold exploration and development projects. The company is listed on the Australian Securities Exchange (ASX) under the ticker DEG.
YTD Price Performance: 47.27%
Average Trading Volume: 48,948
Technical Sentiment Signal: Sell
Current Market Cap: $4.04B
Find detailed analytics on DEG stock on TipRanks’ Stock Analysis page.