A$20 Million Placement
Filed with ASX · · 4 pages · English
Summary by 6ix AI
The funds will be allocated for exploration, feasibility studies, and general working capital purposes. The placement includes the issuance of ordinary shares and options, with specific details on the tranches provided. The CEO emphasized the importance of these funds for advancing the company's projects and increasing production capacity.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Northern Minerals Limited on 6ix
In the deck
Story so far
Earlier from Northern Minerals
- NTU accelerates pathway to commercial production & cashflow
- Response to ASX Price and Volume Query
- First drilling results positive
- Pause in Trading
- 2020 Refund payment of $8.7m received from ATO
Later from Northern Minerals
- Final results from 2020 drilling
- Completion of tranche 1 of A$20 million placement
- S&P DJI Announces March 2021 Quarterly Rebalance
- NTU production of heavy Rare Eath Carbonate
- NTU Ore sorter commissioning complete
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