Northern Star Completes Acquisition of De Grey Mining
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Northern Star Resources Ltd has completed the acquisition of De Grey Mining Ltd through a Court-approved Scheme of Arrangement. De Grey shareholders received 0.119 new Northern Star shares for each De Grey share held. This acquisition supports Northern Star's strategy to enhance its asset portfolio, particularly with the Hemi gold project. De Grey is expected to be delisted from the ASX on 6 May 2025. De Grey Mining Ltd has a current market cap of $3.81B and a year-to-date price performance of 40.45%.
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