Northern Star Completes Acquisition of De Grey Mining
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Northern Star Resources Ltd has successfully acquired De Grey Mining Ltd through a court-approved scheme, making it legally effective. De Grey shares will be suspended from trading, with shareholders receiving 0.119 new Northern Star shares for each De Grey share held. The scheme's implementation is expected to be completed by May 5, 2025, with De Grey delisted from the ASX on May 6, 2025. This acquisition is anticipated to enhance Northern Star's market position and shareholder value.
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