The latest announcement is out from Northern Star Resources Ltd ( (AU:NST) ).
Northern Star Resources Ltd has received approval from the requisite majorities of De Grey Mining Ltd shareholders for the acquisition of 100% of De Grey’s shares through a Court-approved scheme of arrangement. This approval marks a significant step towards the merger, with the next phase involving a Federal Court hearing. If successful, De Grey shares will be suspended from trading, and the implementation of the scheme is expected by early May 2025, potentially impacting stakeholders by consolidating Northern Star’s position in the mining industry.
More about Northern Star Resources Ltd
YTD Price Performance: 45.70%
Average Trading Volume: 4,030
Technical Sentiment Signal: Sell
Current Market Cap: $15.73B
See more data about NST stock on TipRanks’ Stock Analysis page.