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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%)+
Release
26 Sep 2025 2:24PM
Price at Release
$3.490
Full Release
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Summary
Gold Road Resources Limited announced that the Scheme of Arrangement for the acquisition by Gruyere Holdings Pty Ltd, a subsidiary of Gold Fields Limited, has become legally effective. As a result, Gold Road shares will be suspended from trading on the ASX starting 26 September 2025. The shareholders of Gold Road are entitled to a fully franked special dividend of A$0.43694 per share, with eligibility determined as of 30 September 2025. Furthermore, the total scheme consideration for each Gold Road share is set at A$3.06423, comprised of a fixed cash component and a variable cash consideration based on the value of Gold Road's investment in Northern Star Resources Ltd. The scheme implementation is anticipated to complete with payments made on 14 October 2025.
Key Points
  • Scheme of Arrangement with Gruyere Holdings Pty Ltd becomes effective
  • Gold Road shares suspended from ASX trading from 26 September 2025
  • Special dividend of A$0.43694 per share for Gold Road shareholders
  • Scheme consideration per share set at A$3.06423
  • Scheme implementation and payments expected on 14 October 2025
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.