NTU SPP expanded to $15 million following strong demand
Filed with ASX · · 2 pages · English
Summary by 6ix AI
The additional funds will be allocated to accelerate project enhancement initiatives at Browns Range, aiming to extend the mine's potential life significantly. The SPP is open to all shareholders as of the record date, allowing them to subscribe for shares at a specified price.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Northern Minerals Limited on 6ix
Earlier from Northern Minerals
- SPP extended to 12 February 2018 following strong demand
- High grade exploration results underpin regional potential
- Operational readiness progressing at Browns Range RE Project
- SPP to fund growth initiatives and Browns Range taking shape
- $9.7M funding package, SPP and strategic development plans
Later from Northern Minerals
- NTU December Quarter R&D Funding Received
- Browns Range HRE Pilot Plant on Track for Completion 30 June
- Retraction of statement in previous announcement
- NTU - SPP closes with $11.7 million raised
- Proposed Bonus Issue of New Listed Options Update
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