Native Mineral Resources Holdings Ltd. (AU:NMR) has released an update.
Native Mineral Resources Holdings Ltd. (NMR) has successfully secured $2.2 million in funding through a share placement to bolster its exploration initiatives and assess new project opportunities, particularly in Queensland. The placement, strongly backed by both new and existing investors, will enable NMR to advance its Palmerville and Maneater projects, as well as explore potential new ventures that complement its management’s extensive project development expertise. Shares were offered at $0.02 each, reflecting the company’s last trading price, with the first tranche expected to settle by the end of July.
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