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Northern Star Resources has completed the A$765 million institutional placement to partially fund the US$775 million acquisition of 50% of the Super Pit.
The Super Pit lookout in Kalgoorlie, Western Australia
The offer, lead managed and underwritten by Macquarie and Canaccord Genuity, was heavily oversubscribed.
The issue price was A$9, a 6.7% discount to Northern Star's Friday closing price.
Aussie miner says it is the leading global gold stock by total shareholder returns
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