Northern Minerals LimitedASX: NTU

Fully Underwritten Rights Issue to Raise $6.6m

Feb 10, 2016 at 8:19 PM EST · Issued by Northern Minerals Limited

Filed with ASX · Feb 10, 2016 at 8:19 PM EST · 2 pages · English

Summary by 6ix AI

The funds will support exploration at the Gardiner-Tanami Project and other initiatives, with drilling expected to start soon. The company has decided not to recommend a previous transaction with Jiangsu Eastern China Non-Ferrous Metals Investment Holding Co., Ltd in favor of this rights issue.

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

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