Northern Star Resources adjusts capital structure after performance rights conversions

Northern Star Resources Ltd (ASX:NST) reported a capital adjustment on October 6, 2025, detailing the conversion of 1,133,987 performance rights into fully paid ordinary shares. These conversions, which occurred between July 1, 2025, and September 30, 2025, increased the number of quoted ordinary shares to 1,430,735,312.

Concurrently, the company announced the cessation of 87,929 performance rights on September 30, 2025. These rights lapsed because conditional requirements were not satisfied, primarily due to the cessation of employment during the quarter ended September 30, 2025.

Following these adjustments, the total unquoted securities now comprise 8,488 share rights and 10,884,078 performance rights. The updated figures reflect Northern Star's capital structure after these transactions.