Funding Agreement Executed
Filed with ASX · · 3 pages · English
Summary by 6ix AI
Northern Minerals Limited has announced the execution of a funding agreement with Lind Global Macro Fund, LP, which will provide the company with a significant amount of funding through a convertible security arrangement. The agreement includes the issuance of a convertible note and options, with specific terms regarding conversion and share issuance. The funds will be used for the development of the company's projects and general working capital purposes. The company may seek shareholder approval for future fundraising flexibility related to this agreement.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Northern Minerals Limited on 6ix
Story so far
Earlier from Northern Minerals
- AusIndustry sets aside negative R & D finding
- NTU - Significant copper results at John Galt
- NTU continues to progress downstream processing testwork
- NTU - Near surface high-grade results from Dazzler drilling
- Follow Up Drilling Commences at Browns Range
Later from Northern Minerals
- NTU - Product shipments continue
- Browns Range to move to care & maintenance due to COVID-19
- NTU Over 50% increase in Dazzler high-grade mineral resource
- NTU - A$22 Million Placement and Share Purchase Plan
- NTU - Baogang Placement Prohibited by Treasurer
Follow Northern Minerals into a list and get an email when it puts out news.
Follow Northern Minerals