NSM Northern Star Mining Corp.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS
AGENCIES


Northern Star Mining Corp. (TSX VENTURE:NSM) is pleased to announce that further
to its news release of August 12, 2009 the Company has completed its
subscription receipt financing of CDN $23,212,458 (the "Financing") raised
through a syndicate of agents lead by Casimir Capital LP ("Casimir") and
including Canaccord Capital Corporation and Wellington West Capital Markets Inc.
(the "Agents"). A total of 37,993,000 common shares at a price of $0.50 per
share and 7,528,497 "flow-through" shares at a price of $0.56 per share have
been issued, subject to a four month hold period expiring November 25, 2009.
Warrants to purchase an additional 31,126,659 common shares at a price of $0.70
per share for a period of three years have also been issued in connection with
the Financing while 45,000,000 existing warrants have been cancelled. A cash
commission of 5% and agent's warrants to purchase a total of 3,186,506 common
shares at a price of $0.50 per share for a period of three years was paid to the
Agents for their services in connection with the Financing. An additional
corporate finance fee was also paid to Casimir as lead agent.


ON BEHALF OF THE BOARD

Jonathan Awde, VP Corporate Finance

This news release contains forward-looking statements, which relate to future
events or future performance and reflect management's current expectations and
assumptions. Such forward-looking statements reflect management's current
beliefs and are based on assumptions made by and information currently available
to the Company. Investors are cautioned that these forward looking statements
are neither promises nor guarantees, and are subject to risks and uncertainties
that may cause future results to differ materially from those expected. These
forward-looking statements are made as of the date hereof and, except as
required under applicable securities legislation, the Company does not assume
any obligation to update or revise them to reflect new events or circumstances.


THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE
SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF
1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD
IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

Grafico Azioni Northern Star Mining Corp. (TSXV:NSM)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Northern Star Mining Corp. (TSXV:NSM)
Storico
Da Lug 2023 a Lug 2024