logo
powered-by-canningspurple
Navigation
logo powered-by-canningspurple
  • Insight
  • Companies
    • Artemis Resources
    • BLK Auto
    • BMG Resources
    • ChemX Materials
    • Core Lithium
    • Dreadnought
    • FBR
    • Finbar
    • Focus Minerals
    • Gold Road Resources
    • Hastings Technology Metals
    • Hyzon Motors
    • Jupiter Mines
    • Lykos Metals
    • Mineral Resources
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Paydirt
    • Rand Mining
    • Raven SR
    • Rox Resources
    • St George Mining
    • Sundance Resources
    • Tribune Mining
    • Vimy Resources
    • VRX Silica
  • Industries
    • Broking Firm
    • Clean energy
    • Copper
    • Gold
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Zinc
  • Video
  • About
  • Contact
  • Subscribe

Home / Rare Earths / Northern Minerals gives update on $22m placement

Northern Minerals

  • ASX: NTU
    • REE

Northern Minerals gives update on $22m placement

  • 22 July

Australian heavy rare earths producer Northern Minerals Limited (ASX: NTU) has updated the market on its $22 million placement announced on 20 and 28 April 2020 and 1 July 2020.


The company refers to its announcements dated 20 and 28 April 2020 and 1 July 2020 in relation to the Company’s A$22 million placement (Placement) and confirms that on 22 July 2020 the Company issued 183,500,000 fully paid ordinary shares under the Placement to subscribers under the Placement (or their nominees).

The 183,500,000 shares issued relate to subscription funds received by the Company totalling A$3.67 million in respect of parts of the remaining tranches of the Placement.

Shareholder approval for the issue of shares under the Placement was obtained at the Company’s general meeting held on 18 June 2020. Please refer to the Notice of General Meeting released to ASX on 18 May 2020 for further detail.

The Company has agreed with the remaining subscribers that the balance of A$2.9 million in subscription funds (comprising the remainder of the Placement) will be due and payable on or before 31 July 2020.

View full announcement

Investor Insight

  • Contact

Share

  • LinkedIn
  • Twitter
  • Facebook

Most Read

  • 1 November

Nickel, cobalt anomalies at Sockovac; large new gold, copper anomalies at Sinjakovo

  • ASX:LYK
    • Ni
    • Cu
  • 28 September

Core Lithium – Primero Group Awarded EPC Contract for Finniss DMS Plant

  • ASX: CXO
    • Li
    • Clean energy
  • Insight
  • 26 June

Picking winners – the portfolio approach that offers blue-sky potential

  • ASX: ARV
    • Clean energy
    • Cu

Related

  • 23 June

Northern Minerals Appointment of Executive Chair and Executive Director

  • ASX: NTU
    • REE
  • 23 June

Hastings to acquire 30% Yangibana JV interest from Cadence Minerals

  • ASX: HAS
    • REE
  • Insight
  • 13 June

BMG, Rox and Hastings prove there is still plenty of wind in WA’s exploration sails

  • ASX: BMG
    • Au
    • REE
  • 9 June

Northern Minerals releases updated corporate presentation

  • ASX: NTU
    • REE
    • Broking Firm

NEWSLETTER

Get news, as it happens

Sign up to receive our weekly roundup, and releases of interest, as they happen.

  • This field is for validation purposes and should be left unchanged.
logo

Investor Insight, powered by Cannings Purple, delivers the stories that matter to the people who matter – across your preferred communications platform.

From breaking news to analysis, opportunities and thought leadership, Investor Insight is your window into some of Australia’s most exciting listed and non-listed companies.

  • Insight
  • Companies
    • Aeris Resources
    • Altrad
    • Argonaut
    • Artemis Resources
    • BLK Auto
    • BMG Resources
    • Buru Energy
    • Catalyst Metals
    • ChemX Materials
    • Core Lithium
    • DDH1 Drilling
    • Dreadnought
    • FBR
    • Finbar
    • Focus Minerals
    • Gold Road Resources
    • Hastings Technology Metals
    • Hyzon Motors
    • Jupiter Mines
    • Lykos Metals
    • Mineral Resources
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Paydirt
    • Rand Mining
    • Raven SR
    • Rox Resources
    • St George Mining
    • Sundance Resources
    • Torrens Mining
    • Tribune Mining
    • Vimy Resources
    • VRX Silica
    • Westgold Resources
    • Zenith Minerals
  • Industries
    • Broking Firm
    • Clean energy
    • Copper
    • Gold
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Zinc
  • Video
powered-by-canningspurple
  • About
  • Contact
  • Subscribe
  • Cannings Purple
  • Privacy Policy
  • Disclaimer

Copyright 2022 Cannings Purple