Northern Star’s De Grey purchase sails through

Northern Star’s De Grey purchase sails through

More than 99 per cent of De Grey Mining’s investors have voted in favour of folding their shares into Northern Star Resources’ mega offer.

De Grey Mining Shareholders Approve Northern Star Acquisition

De Grey Mining Ltd (ASX: DEG) announced that its shareholders have overwhelmingly approved the proposed acquisition of 100% of the company’s shares by Northern Star Resources Ltd (ASX: NST) via a Court-approved scheme of arrangement. At the Scheme Meeting, 99.64% of votes cast were in favor, with 89.68% of De Grey shareholders present and voting also supporting the resolution. The next step is securing approval from the Federal Court of Australi…

Northern Star gets De Grey all-clear

Shareholders in De Grey Mining have given the all-clear for Northern Star’s $5 billion all-scrip acquisition to go ahead, days after Gold Road Resources announced its support.