An announcement from De Grey Mining Ltd ( (AU:DEG) ) is now available.
De Grey Mining Ltd has announced the Federal Court of Australia’s approval for a Scheme Meeting, where shareholders will vote on the proposed acquisition by Northern Star Resources Ltd. The Independent Expert’s Report deems the scheme fair and reasonable, recommending shareholders to vote in favor, with the Scheme Meeting scheduled for April 16, 2025.
More about De Grey Mining Ltd
De Grey Mining Ltd is a company in the mining industry, primarily focused on gold exploration and development. Its market focus includes the acquisition and development of mineral resources, with a significant project located in the Pilbara region of Western Australia.
YTD Price Performance: 13.64%
Average Trading Volume: 44,073
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3B
For an in-depth examination of DEG stock, go to TipRanks’ Stock Analysis page.