The latest update is out from De Grey Mining Ltd ( (AU:DEG) ).
De Grey Mining Ltd announced that its Scheme Booklet, related to the proposed acquisition by Northern Star Resources Ltd, has been registered with the Australian Securities and Investments Commission. The acquisition involves a court-approved scheme of arrangement, and shareholders are encouraged to vote on the proposal. The Independent Expert’s Report deems the scheme fair and reasonable, and the company’s directors recommend shareholders vote in favor of it. The Scheme Meeting is scheduled for April 16, 2025, and will be held both in person and online.
More about De Grey Mining Ltd
De Grey Mining Ltd is a mining company primarily focused on gold exploration and development. The company is known for its Hemi Project, which is a significant gold discovery in Western Australia.
YTD Price Performance: 13.64%
Average Trading Volume: 44,073
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3B
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