NTU Issue of Convertible Notes and Shares
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Northern Minerals Limited has announced the issuance of convertible notes and shares as part of a financing arrangement with JHY Investments Pty Ltd and Lind Asset Management X, LLC. The company received a tranche of funding and issued convertible notes and shares under existing shareholder approvals. Additionally, Northern Minerals has completed the Practical Completion of its Browns Range Heavy Rare Earth Pilot Plant Project and commenced production of heavy rare earth carbonate. The project aims to establish the company 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 Shares
- Variation to Loan Agreement
- NTU Browns Range First Rare Earth Carbonate Shipment
- NTU - Browns Range Progress update
- Northern Minerals announces $4m convertible note
Later from Northern Minerals
- NTU $3m placement & entry into consultancy agreement
- 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
Follow Northern Minerals into a list and get an email when it puts out news.
Follow Northern Minerals