De Grey Mining Ltd Faces Acquisition by Northern Star Resources
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De Grey Mining Ltd has announced a proposed acquisition by Northern Star Resources Ltd, which will acquire 100% of De Grey’s shares through a Court-approved scheme. The Scheme Meeting to vote on this proposal is a crucial step in the acquisition process, with results to be communicated to the ASX. This acquisition may impact De Grey’s operations and market positioning, potentially benefiting stakeholders by aligning with Northern Star’s strategic objectives. De Grey Mining Ltd focuses on gold exploration in Western Australia, with a current market cap of $3.86B.
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