News Headline Summary

Northland Resources (NAUR NO) opened sharply lower today following news the company is to strengthen its balance sheet after identifying a funding shortfall

- Co. aims to issue USD 250mln of new equity, USD 125mln bond tap issue.

Reaction details:

- Co. shares have just opened following this news, down 68% at NOK 1.94 last.

Print 14:23, 24 Jan 2013 - European Equities - Source: Newswires