Northern Minerals receives first $11.9m from placement

Northern Minerals receives first $11.9m from placement

Australian heavy rare earths producer, Northern Minerals Limited (ASX: NTU) has announced that in relation to the previously announced $30 million placement, the Company has now received approximately $11.9 million in subscription funds.


These funds comprise all of the subscription funds for Tranche 1, and part of the subscription funds for Tranches 2 and 3 which have been received earlier than anticipated.

The Company will issue the relevant shares over the coming days.

Alice Queen releases latest corporate presentation

Alice Queen releases latest corporate presentation

Drill rig moves to the highly prospective northern limb at Red Mountain: White Rock

Drill rig moves to the highly prospective northern limb at Red Mountain: White Rock