NTU $3m placement & entry into consultancy agreement
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Northern Minerals Limited announces a placement and consultancy agreement to raise funds for working capital purposes. The company will issue shares to Liu Xiaohua as part of the placement and to Go & Company Ltd for consultancy services. Additionally, the company has completed the Browns Range Heavy Rare Earth Pilot Plant Project and commenced production. This project aims to establish Northern Minerals as a significant producer of dysprosium outside of China.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Northern Minerals Limited on 6ix
Story so far
Earlier from Northern Minerals
- NTU Issue of Convertible Notes and Shares
- NTU Issue of Shares
- Variation to Loan Agreement
- NTU Browns Range First Rare Earth Carbonate Shipment
- NTU - Browns Range Progress update
Later from Northern Minerals
- Northern Minerals announces $3m placement completed
- ATO to release 50% of retained R&D refundable tax offset
- NTU Corporate Presentation - RIU Explorers Conference
- NTU Browns Range pilot plant update
- NTU Variation to Loan Agreement
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