Northern Minerals Limited (AU:NTU) has released an update.
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Northern Minerals Limited plans to issue over 2.5 billion new ordinary fully paid shares, combining an offer under a securities purchase plan and a separate placement or issue. The securities purchase plan will conclude by October 16, 2024, with an issue date set for October 23, 2024. This strategic move aims to bolster the company’s financial position and future growth prospects.
For further insights into AU:NTU stock, check out TipRanks’ Stock Analysis page.