De Grey Mining Says Northern Star's Proposed Acquisition of All its Shares Progressing; Shares Down 6%
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De Grey Mining announced that the first court hearing approved the scheme booklet for Northern Star Resources' proposed acquisition of all its shares. The scheme meeting is set for April 16, with De Grey's directors recommending shareholders vote in favor. Despite this progress, De Grey's shares fell nearly 6%, while Northern Star's shares dropped almost 7% in recent trading.
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