Gold Road Resources Limited (ASX:GOR) refers to it recommended off-market takeover offer to acquire all of the fully paid ordinary shares in DGO Gold Limited, which was announced on 4 April 2022.
As at the date of this announcement, Gold Road had a relevant interest in 95.14% of DGO’s shares. Gold Road welcomes all DGO shareholders who have now become Gold Road shareholders.
Gold Road is now moving to compulsory acquisition of the remaining shares in DGO.
Gold Road’s offer will close at 7pm (Sydney time) on 30 June 2022. DGO shareholders who accept the offer before then will receive their consideration sooner than through compulsory acquisition.
ASX trading in DGO shares will be suspended five business days after today.