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Northern Star Resources Announces Proposed Securities Issue

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Northern Star Resources Ltd ( (AU:NST) ) has provided an update.

Northern Star Resources Ltd has announced a proposed issue of securities, with a maximum of 286,133,827 ordinary fully paid shares to be issued. This move is part of a placement or other type of issue, scheduled for May 5, 2025, and is expected to impact the company’s capital structure and potentially enhance its market positioning.

More about Northern Star Resources Ltd

Northern Star Resources Ltd is a company operating in the mining industry, primarily focused on the exploration and production of gold. The company is known for its significant operations in Australia and aims to strengthen its position in the global gold market.

YTD Price Performance: 47.27%

Average Trading Volume: 5,231

Technical Sentiment Signal: Sell

Current Market Cap: $16.34B

Learn more about NST stock on TipRanks’ Stock Analysis page.

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