décembre 2017
Northern Star
Canaccord Genuity acts as Broker & Adviser to Northern Star Resources with regard to the AUD$23 million strategic investment in Echo Resources
Canaccord Genuity is pleased to announce the completion of a strategic investment by Northern Star Resources in Echo Resources conducted via a block trade of 80 million new fully paid ordinary shares at an acquisition price of AUD$0.29 per share, equating to a value of AUD$23.2 million. Following the transaction, Northern Star Resources holds a 16.4% interest in Echo Resources. Canaccord Genuity acted as Broker & Adviser to Northern Star Resources.
Northern Star Resources (ASX.NST) is a ~AUD$3.5 billion market capitalised Australian gold producer with a portfolio of low-cost, high-grade underground gold mines located in Western Australia.
Echo Resources (ASX.EAR) is a gold exploration business with a large and highly prospective ground position in the Eastern Goldfields of Western Australia.
More Like This
-
US$185m
Jun Group
Financial Advisor to Advantage Solutions on the Pending Sale of Digital Advertising Platform Jun Group to Verve Group
-
Aimia
Exclusive Financial Advisor to the Special Committee of Aimia on its Successful Defense against a Hostile Takeover Bid by Mithaq Capital
-
Public Policy Holding Company
Joint Broker