NTU - SPP closes with $11.7 million raised
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Northern Minerals Limited has announced the successful closure of its Share Purchase Plan, raising significant funds for project enhancement and exploration initiatives at Browns Range. The raised funds will be utilized to accelerate enhancements and extend the potential mine life of the project. Additionally, the company completed a placement that raised further funds under its existing capacity. The Managing Director expressed gratitude for shareholder support and outlined plans for increased exploration and processing work.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Northern Minerals Limited on 6ix
Earlier from Northern Minerals
- Retraction of statement in previous announcement
- Browns Range HRE Pilot Plant on Track for Completion 30 June
- NTU December Quarter R&D Funding Received
- NTU SPP expanded to $15 million following strong demand
- SPP extended to 12 February 2018 following strong demand
Later from Northern Minerals
- Proposed Bonus Issue of New Listed Options Update
- NTU Browns Range HRE Project Update February 2018
- Browns Range Heavy Rare Earths Project - March Update
- High grade exploration results drive drilling campaign
- Announcement regarding ASX listing rule 7.1 capacity
Follow Northern Minerals into a list and get an email when it puts out news.
Follow Northern Minerals