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GOR Gold Road Resources News Story

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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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