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Australia Gold Mining Group Northern Star Resources to Buy De Grey Mining for $3.25 Billion in All-Share-Deal, Northern Star Shareholders to Own 80.1% of Combined Entity & De Grey Shareholders to Own 19.9%
5th December 2024 | Hong Kong
Australia gold mining group Northern Star Resources has announced to buy De Grey Mining for $3.25 billion (AUD 5 billion) in all-share-deal. Northern Star shareholders will own 80.1% of the combined entity, and De Grey shareholders will own 19.9%. Northern Star (ASX: NST) is one of the world’s leading gold producers, with operating mines and exploration programs in Western Australia and Alaska. De Grey Mining is a Western Australian gold explorer and project development company focussed in the Pilbara region.
“ Australia Gold Mining Group Northern Star Resources to Buy De Grey Mining for $3.25 Billion in All-Share-Deal, Northern Star Shareholders to Own 80.1% of Combined Entity & De Grey Shareholders to Own 19.9% “
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Australia Gold Mining Group Northern Star Resources to Buy De Grey Mining for $3.25 Billion in All-Share-Deal, Northern Star Shareholders to Own 80.1% of Combined Entity & De Grey Shareholders to Own 19.9%
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