Native Mineral Resources Holdings Ltd. (AU:NMR) has released an update.
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Native Mineral Resources Holdings Ltd. has announced a non-renounceable entitlement offer, providing shareholders the opportunity to purchase new shares at $0.04 each, matching their current holdings. This follows a successful $3.46 million placement to investors, with funds aimed at debt repayment, exploration, and working capital. The offer could potentially increase the shareholding of the company’s CEO, Blake Cannavo, if fully subscribed.
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