Northern Minerals LimitedASX: NTU

ACIIG pays underwriting instalment

· Issued by Northern Minerals Limited

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Northern Minerals Limited has announced that it received additional funding from ACIIG as part of an underwriting agreement related to a recent rights issue. The funding includes a significant investment that has allowed Northern Minerals to become debt free after offsetting previous loans from ACIIG. The total investment has been converted into shares, increasing ACIIG's stake in the company significantly. Further payments are expected to be made by a specified date, after which additional shares will be issued to ACIIG.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

On 6ix: 6ix.com/news/aciig-pays-underwriting-instalment

Northern Minerals Limited on 6ix