NORTHERN STAR COMPLETES HERMES GOLD PROJECT ACQUISITION
Northern Star Resources Limited (ASX: NST) is pleased to advise that it has completed the acquisition of the Hermes Gold Project in WA's Bryah Basin from Alchemy Resources Limited (ASX: ALY) (see ASX announcement dated
24 February 2015).
As part of the transaction, Northern Star has acquired a 14.57% interest in Alchemy. Northern Star Company Secretary Liza Carpene has been appointed as Northern Star's nominee Director on the Alchemy Board.
A Notice of Initial Substantial Holder (Form 603) has been lodged with the
ASX.
ASX ANNOUNCEMENT
18 March 2015
Australian Securities
Exchange Code: NST
Board of Directors
Mr Chris Rowe
Non-Executive Chairman
Mr Bill Beament
Managing Director
Mr Peter O'Connor
Non-Executive Director
Mr John Fitzgerald
Non-Executive Director
Ms Liza Carpene
Company Secretary
Issued Capital Shares 592.4 million Options 3.8 million
Current Share Price A$2.24
Market Capitalisation
A$1.33 billion
Cash and Cash Equivalents
31 Dec 2014 - A$119.1 million
Level 1, 388 Hay St
Subiaco WA 6008
T +6 8 6188 2100
F +6 8 6188 2111
E [email protected]
www.nsrltd.com
ABN: 43 092 832 892
Yours faithfully
BILL BEAMENT Managing Director
Northern Star Resources Limited
Investor Enquiries:
Luke Gleeson, Investor Relations, Northern Star Resources Limited
T: +61 8 6188 2103
E: [email protected]
Forward Looking Statements
Northern Star Resources Limited has prepared this announcement based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement. To the maximum extent permitted by law, none of Northern Star Resources Limited, its directors, employees or agents, advisers, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this announcement or its contents or otherwise arising in connection with it.
This announcement is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this announcement nor anything in it shall form the basis of any contract or commitment whatsoever. This announcement may contain forward looking statements that are subject to risk factors associated with gold exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.
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