Image Sourced Doray Minerals
Market Herald logo


Be the first with the news that moves the market

Doray Minerals Limited has announced orders made by the Supreme Court of Western Australia on 28 March 2019, which approved a share and options scheme, has been lodged by the Australian Securities and Investments Commission.

Today will mark the last date of trading Doray Shares on the ASX with new Silver Lake Shares (ASX: SLR) starting on 1 April 2019. This merge will result in an estimated annual income of more than $400 million. 

It will step up these companies to mid-tier groups and allow for an increased market presence and bigger investment opportunities. However, Doray will continue to be listed on the ASX singularly until April 9, when it will be permanently removed.

Please find the announcement attached here:

DRM by the numbers
More From The Market Herald

" Orcoda (ASX:ODA) celebrates positive cashflow and higher earnings

Orcoda (ODA) has experienced its fifth consecutive cashflow positive quarter for the three months ending September 30 2021.
DroneShield (ASX:DRO) - CEO, Oleg Vornik

" DroneShield (ASX:DRO) tables mixed results in September quarter

DroneShield (DRO) has tabled its September quarterly report and revealed a mixed bag of results.

" Roto-Gro (ASX:RGI) files three international patent applications

Roto-Gro International’s (RGI) subsidiary has filed three international applications under the patent cooperation treaty.

" GWA Group (ASX:GWA) completes extension of syndicated banking facility

GWA Group (GWA) has successfully extended its syndicated banking facility.