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Norwest Minerals Ltd. ( (AU:NWM) ) has provided an update.
Norwest Minerals Limited has announced a non-renounceable entitlement offer to raise approximately $4.85 million. This offer allows eligible shareholders to purchase new shares at $0.01 each, with an accompanying option for each share. The funds raised are expected to support the company’s operations and strategic goals in the mining sector, potentially enhancing its market position and providing value to stakeholders.
More about Norwest Minerals Ltd.
Norwest Minerals Limited is a company involved in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) and engages in activities related to the discovery and extraction of valuable minerals.
YTD Price Performance: 20.0%
Average Trading Volume: 876,734
Technical Sentiment Signal: Buy
Current Market Cap: A$5.82M
See more insights into NWM stock on TipRanks’ Stock Analysis page.