An announcement from Northern Star Resources Ltd ( (AU:NST) ) is now available.
De Grey Mining Ltd has announced that the Federal Court of Australia has approved 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, with De Grey shares set to be suspended from trading on the ASX from April 23, 2025. The acquisition is expected to impact De Grey’s stakeholders as it transitions under Northern Star’s ownership, with key dates for the scheme’s implementation outlined, including the delisting of De Grey from the ASX on May 6, 2025.
More about Northern Star Resources Ltd
YTD Price Performance: 47.27%
Average Trading Volume: 5,231
Technical Sentiment Signal: Sell
Current Market Cap: $16.34B
For a thorough assessment of NST stock, go to TipRanks’ Stock Analysis page.