News: Doray Minerals to mop up remaining shares in Mutiny Gold

  1. Doray Minerals (ASX:DRM) will now compulsory acquire remaining shares and listed options in Mutiny Gold (ASX:MYG)

    Doray had a relevant interest in 90.67% of the ordinary shares in Mutiny, and had acquired 95.17% of Mutiny’s listed options.

    The Mutiny takeover offer will close on 13 February 2015.

    The companies have said that the merger with create a leading, mid-tier high-grade Western Australian gold company with substantial growth prospects.

    This includes forecast annualised production of around 160,000 gold equivalent.

     

 
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