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Gold Road Resources Limited (ASX:GOR)
ALERT: Price-sensitive ASX Announcement for GOR
Current share price for GOR : $3.480 0.01 (0.29%)+
Announcement
Release
22 Sep 2025 6:26PM
Price at Release
$3.470
Full Release
Summary
Gold Road Resources Limited announced that its shareholders have overwhelmingly approved a scheme of arrangement for Gruyere Holdings Pty Ltd, a subsidiary of Gold Fields Limited, to acquire all shares in the company. The scheme received 99.16% approval from votes cast and 91.23% from shareholders present. The next step involves seeking approval from the Supreme Court of Western Australia, scheduled for 25 September 2025. If the court approves, the scheme will be effective from 26 September 2025, resulting in the suspension of Gold Road shares on the ASX. Shareholders will receive a Special Dividend on 7 October 2025, and the scheme will be implemented on 14 October 2025.
Key Points
- 99.16% of votes cast were in favor of the Scheme.
- 91.23% of shareholders present voted in favor.
- Next step is approval by the Supreme Court of Western Australia.
- If approved, the Scheme becomes effective on 26 September 2025.
- Gold Road shares will be suspended from trading after 26 September 2025.
- Special Dividend payment expected on 7 October 2025.
- Scheme implementation expected on 14 October 2025.
- Gruyere Holdings Pty Ltd to acquire 100% of Gold Road shares.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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