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De Grey Mining Ltd Securities Suspended as Acquisition by Northern Star Resources Proceeds

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De Grey Mining Ltd ( (AU:DEG) ) has provided an update.

De Grey Mining Ltd, a company listed on the Australian Securities Exchange, will have its securities suspended from quotation following the approval of a scheme of arrangement by the Federal Court of Australia. This scheme involves Northern Star Resources Ltd acquiring all issued shares of De Grey Mining Ltd, marking a significant change in ownership and potentially impacting the company’s future operations and market positioning.

More about De Grey Mining Ltd

YTD Price Performance: 49.09%

Average Trading Volume: 50,378

Technical Sentiment Signal: Sell

Current Market Cap: $4.06B

Learn more about DEG stock on TipRanks’ Stock Analysis page.

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