Gold Road Resources (ASX: GOR)
Northern Star has just announced the acquisition of De Grey Mining for A$5 billion, representing a premium of 36% to Friday’s closing price.
Gold Road hold a 20% stake in De Grey Mining. Continue reading
Tag Archives: De Grey Mining
Mining Review 12th May 2024
Mining Review 12th May 2024
Gold Road Resources are diluting their position in De Grey Mining by not fully participating in the De Grey A$600 million financing.
Thesis Gold and West Red Lake reported good news. Red Pine reported very serious news Continue reading
Gold Road Lowers De Grey Mining Stake
Gold Road Resources (ASX: GOR)
Gold Road has announced its intention to participate in the De Grey Mining Financing announced recently.
It will participate for only A$50.8, million, which dilutes its percentage holding by around 2.9%. Continue reading
Gold Road Maintains De Grey Shareholding
Gold Road Resources Limited (ASX: GOR)
Advised that it has committed to subscribe in the two tranche institutional placement by De Grey Mining Limited (ASX:DEG) (De Grey) at $1.05 per share, as announced by De Grey on 28 September 2023.
Thus maintains Gold Road’s percentage shareholding in De Grey Mining. Continue reading
Australian Stocks Rise on New Tax Year
Australian Stocks
Stocks rose strongly on the ASX on the first day of trading in the new tax year.
June is normally a poor month as investors realise tax losses. Continue reading