NST 1.33% $12.94 northern star resources ltd

other companies scalebacks or previous of the same company have...

  1. 2,626 Posts.
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    other companies scalebacks or previous of the same company have no relevance to the current NST SPP scaleback

    but i will note from the 1/4ly

    .....

    On 17 December 2019 the Company announced a Share Purchase Plan (SPP) entitling Eligible Shareholders in Australia and
    New Zealand registered on the record date of 16 December 2019 to subscribe for shares at the same issue price as the
    Placement, up to the value of the limit of A$30,000 per Shareholder, targeting a total raising of A$50 million. The SPP
    proceeds will be used to pay the transaction costs associated with the acquisition of Kalgoorlie Lake View Pty Ltd
    announced on 17 December 2019 and completed on 3 January 2020, and for ongoing working capital requirements. The
    SPP closed heavily oversubscribed on 24 January 2020. The Northern Star Board has determined to maintain the originally
    targeted cap of A$50 million, and will apply a scale back and allocation policy at its discretion. Further details will follow in
    due course
 
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$12.94
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