Nov 14 (Reuters) - Silver Lake Resources Ltd SLR.AX :
* SILVER LAKE RESOURCES AND DORAY MINERALS ANNOUNCE A MERGER
* UNDER SCHEME, EACH DORAY SHAREHOLDER WILL RECEIVE 0.6772 SILVER LAKE SHARES FOR EVERY DORAY SHARE HELD
* MERGER WILL COMBINE TO CREATE A LEADING ASX MID-TIER GROWTH-FOCUSED GOLD PRODUCER
* SHAREHOLDERS OF SILVER LAKE AND DORAY WILL OWN 62.7% AND 37.3%, RESPECTIVELY, OF ISSUED ORDINARY SHARES IN MERGED GROUP
* DORAY BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT DORAY SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
* UPON COMPLETION OF SCHEME, MERGED GROUP WILL HAVE ABOUT 810 MILLION ORDINARY SHARES OUTSTANDING