CAPITAL MARKETS

Northern Star buys chunk of Echo

NORTHERN Star Resources has spent A$23.2 million to buy a substantial stake in Yandal gold developer Echo Resources.

Kristie Batten
Northern Star buys chunk of Echo

The company purchased 80 million shares in Echo on-market, at an average price of 29c per share, for a 16.4% stake. The deal represents Northern Star’s largest acquisition since the $82.5 million Jundee...

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