BRIEF-Gold Road Enters Into Scheme Implementation Deed With Gold Fields

Reuters

05-05

BRIEF-Gold Road Enters Into Scheme Implementation Deed With Gold Fields

May 5 (Reuters) - Gold Road Resources Ltd GOR.AX:

SCHEME IMPLEMENTATION DEED ENTERED INTO WITH GOLD FIELDS
GOLD ROAD SHAREHOLDERS WILL RECEIVE A FIXED CASH CONSIDERATION OF A$2.52 PER SHARE
INTENDS TO DECLARE FULLY FRANKED SPECIAL DIVIDEND SHOULD THE SCHEME BECOME EFFECTIVE
SHAREHOLDERS WILL RECEIVE VARIABLE CASH CONSIDERATION EQUAL TO FULL VALUE OF EACH PROPORTIONATE HOLDING IN NORTHERN STAR
GOLD ROAD BOARD UNANIMOUSLY RECOMMENDS THAT SHAREHOLDERS VOTE IN FAVOUR OF THE SCHEME
TOTAL CASH CONSIDERATION EQUATES TO A$3.40 PER SHARE
DEAL VALUES GOLD ROAD'S EQUITY AT APPROXIMATELY A$3.7 BILLION

Further company coverage: GOR.AX

((Reuters.Briefs@thomsonreuters.com;))

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