SPP extended to 12 February 2018 following strong demand
Filed with ASX · · 3 pages · English
Summary by 6ix AI
Northern Minerals Limited has announced an extension of its Share Purchase Plan closing date to accommodate strong demand from eligible shareholders, now set for a later date. The company has received applications exceeding its initial target, prompting an increase in the amount to be raised under the plan from an initial target to a higher amount. The additional funds will be allocated to enhance project initiatives and further exploration at Browns Range.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Northern Minerals Limited on 6ix
Earlier from Northern Minerals
- 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
- Construction of Browns Range Pilot Plant on Time
Later from Northern Minerals
- NTU SPP expanded to $15 million following strong demand
- 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
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