NMR enters into $3.5M convertible note raising
Filed with ASX · · 5 pages · English
Summary by 6ix AI
Native Mineral Resources Holdings Ltd. has announced a convertible note raising to secure funding for debt reduction and working capital purposes. The company will receive funding in exchange for issuing a convertible security with a higher face value. This agreement is part of a second funding arrangement with an existing investor, Lind Global Fund III LP. The company may seek shareholder approval for the issuance of shares related to this funding.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Native Mineral Resources Holdings Ltd. on 6ix
Story so far
Earlier from Native Mineral Resources
- Blackjack restart delivers 315oz dore
- NMR - 5.45m @ 14.23g/t Au Diamond Drilling, Blackjack
- Blackjack Restarts, Podosky To Deliver First Ore Late April
- Unsecured Funding Facility
- Blackjack 560oz gold pour and Podosky April start on track
Later from Native Mineral Resources
- NMR achieves strongest processing month
- NMR Reports Strongest Performance Since Production Restart
- NMR Produces 397oz Dore in Latest Blackjack Gold Smelt
- NMR on Track for Record Monthly Gold Output from Blackjack
- NMR submits Far Fanning PRCP
Follow Native Mineral Resources into a list and get an email when it puts out news.
Follow Native Mineral Resources