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ASX-listed Australian gold production company Northern Star Resources has been advised on its $175 million equity raising to part-fund its acquisition of an Alaskan gold mine.
Firm: Ashurst (Northern Star Resources Limited).
Area: Corporate
Value: $175 million
Key players: The Ashurst team was led by partner Roger Davies, who was supported by partner Antonella Pacitti, senior associate Themo Georgiou and lawyers Toby Newnes, Michelle Gaynor and Meng-Yeow Lim.
Deal significance: The acquisition is Northern Star’s first such move outside of Australia, and is expected to be completed in October 2018, the firm said.
The placement was fully underwritten and the issue price was A$6.70 per share.
Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
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