De Grey Mining (DEG AU): 16th April Scheme Vote

• Back on the 2nd Dec 2024, De Grey Mining (DEG AU), which boasts one of Australia's largest undeveloped gold projects, announced a merger with Northern Star Resources (NST AU).

• Northern Star offered 0.119 new shares for every De Grey share, and will hold ~80.1% of the combined entity upon a successful Scheme, with De Grey shareholders the remaining ~19.9%.

• The Scheme Booklet is now out, with a Scheme Meeting on the 16th April. Expected implementation on the 5th May. The IE (KPMG) says fair & reasonable.