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The latest announcement is out from Castillo Copper Ltd. ( (AU:NFM) ).
New Frontier Minerals Ltd has issued over 107 million fully paid ordinary shares at $0.021 each to professional and sophisticated investors as part of its recent share placement. This move, which includes plans to issue additional attaching options pending shareholder approval, aims to enhance the company’s financial capacity to further its exploration projects. The issuance was conducted under ASX Listing Rules, and the company has complied with relevant legal provisions, ensuring transparency and regulatory adherence.
More about Castillo Copper Ltd.
New Frontier Minerals Limited is an Australian-based explorer focused on developing multi-commodity assets with potential for economic mining operations. The company is actively advancing exploration activities at the Harts Range Niobium, Uranium, and Heavy Rare Earths Project in the Northern Territory and the NWQ Copper Project in Queensland. It is listed on both the LSE and ASX under the ticker ‘NFM’.
Average Trading Volume: 3,249,645
Technical Sentiment Signal: Buy
Current Market Cap: A$32.22M
See more insights into NFM stock on TipRanks’ Stock Analysis page.