De Grey Mining Ltd ( (AU:DEG) ) just unveiled an update.
De Grey Mining Ltd has announced the scheduling of a second court hearing as part of the process for its proposed acquisition by Northern Star Resources Ltd. The acquisition is structured as a court-approved scheme of arrangement, with a shareholder meeting set for April 16, 2025, to vote on the proposal. If approved, the court hearing will occur on April 22, 2025, where shareholders can voice their support or opposition. This acquisition could significantly impact De Grey’s operations and industry positioning, potentially enhancing its market presence and value for stakeholders.
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. The company is known for its significant gold projects and has a market focus on expanding its resource base and enhancing shareholder value.
YTD Price Performance: 20.0%
Average Trading Volume: 43,470
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.21B
See more data about DEG stock on TipRanks’ Stock Analysis page.