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Mutiny Gold's final days on the ASX

Last updated: 10:00 06 Feb 2015 AEDT, First published: 09:00 06 Feb 2015 AEDT

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Mutiny Gold (ASX:MYG) will be suspended from quotation at the close of trading on Wednesday, 11 February 2015, following despatch of compulsory acquisition notices by Doray Minerals (ASX:DRM).

Doray currently holds 91.58% of Mutiny's shares, and 95.29% of its listed options, and earlier in the week moved to compulsory acquisition of the remaining shares.

The Mutiny takeover offer will close on 13 February 2015.

The companies have said that the merger with create a leading, mid-tier high-grade Western Australian gold company with substantial growth prospects.

This includes forecast annualised production of around 160,000 gold equivalent.

 

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