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New Frontier Minerals to Release 145.5 Million Shares from Escrow

Story Highlights
  • New Frontier Minerals will release 145.5 million shares from escrow on 1 May 2025.
  • The release is linked to the Harts Range Project acquisition, impacting market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Castillo Copper Ltd. ( (AU:NFM) ) has provided an announcement.

New Frontier Minerals Limited announced the release of 145,500,000 fully paid ordinary shares from escrow on 1 May 2025. These shares were initially issued as part of the acquisition of the Harts Range Niobium, Uranium, and HREE Project. This release signifies a strategic step in advancing the company’s exploration activities and could potentially impact its market positioning by enhancing liquidity and shareholder value.

More about Castillo Copper Ltd.

New Frontier Minerals Limited is an Australian-based exploration company focused on developing multi-commodity assets with potential for economic mining operations. The company is actively advancing its Harts Range Niobium, Uranium, and Heavy Rare Earths Project in the Northern Territory, along with interests in the NWQ Copper Project in Queensland and the Broken Hill Project in New South Wales. New Frontier Minerals is listed on the LSE and ASX under the ticker ‘NFM’.

YTD Price Performance: -10.0%

Average Trading Volume: 374,251

Technical Sentiment Signal: Sell

Current Market Cap: £9.08M

Learn more about NFM stock on TipRanks’ Stock Analysis page.

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