Northern Star riding high on Pogo buy

SHARES in Northern Star Resources hit an all-time high this morning as the company resumed trading following the US$260 million acquisition of the Pogo gold mine in Alaska.

Northern Star riding high on Pogo buy Northern Star riding high on Pogo buy Northern Star riding high on Pogo buy Northern Star riding high on Pogo buy Northern Star riding high on Pogo buy

Pogo, Northern Star's newest operation in Alaska

The acquisition will be funded partly from existing cash and partly from the proceeds of a A$175 million raising.

The company announced today the placement had closed heavily oversubscribed.

topics

loader