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Northern Star Resources advised on $175m placement
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.
Jerome Doraisamy
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
Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.
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