Northern Minerals Gains Key ASX Waivers for Share Plan

Northern Minerals Limited (AU:NTU) has released an update.

Northern Minerals Limited has received waivers from ASX regarding its Share Purchase Plan, allowing the company to issue new shares without shareholder approval. The approved issue price is $0.019 per share, with conditions such as capping the issuance to 30% of existing shares and equitable scale-back arrangements. This development eliminates the need for shareholder approval at the upcoming General Meeting.

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