Market cheers Evolution's Kundana deal

SHARES in Evolution Mining resumed trading today following the completion of a A$400 million capital raising to acquire Northern Star Resources’ Kundana operation.

Market cheers Evolution's Kundana deal Market cheers Evolution's Kundana deal Market cheers Evolution's Kundana deal Market cheers Evolution's Kundana deal Market cheers Evolution's Kundana deal

The $400 million cash deal comprises 100% of Kundana, 51% of the East Kundana joint venture (EKJV), 100% of the Carbine project and 75% of the West Kundana joint venture.