Gold Road Resources Says Gold Fields Secures FIRB Approval for its Acquisition

MT Newswires Live
05-21

Gold Road Resources (ASX:GOR) said Gold Fields has received written notice on behalf of the Treasurer of the Commonwealth of Australia stating that the Commonwealth Government has no objections to Gold Fields acquiring the company, according to a Wednesday Australian bourse filing.

As a result, the Foreign Investment Review Board approval condition required for the deal has been satisfied.

The company's board continues to unanimously recommend that Gold Road shareholders vote in favour of the deal, in the absence of a superior proposal.

The company's shares rose past 1% in recent Wednesday trade.

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