Placement completed, 2 debt facilities closed & ATO update
Filed with ASX · · 3 pages · English
Summary by 6ix AI
Northern Minerals Limited has announced the completion of a placement and the closure of two debt facilities, along with an update on discussions with the Australian Taxation Office regarding outstanding liabilities. The company received funds that fully repaid amounts owed to Innovative Structured Finance and Lind Asset Management, releasing security interests over its assets. Discussions with the ATO are ongoing to finalize a repayment arrangement for the company's outstanding tax liabilities.
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
- NTU - Encouraging portable XRF results from Dazzler drilling
- NTU - R&D Claim Update
- NTU access upgrade from WA Government in State Budget
- NTU - Extension drilling commenced at Dazzler and Iceman
- Strong Balance Sheet facilitates 2018 R&D Loan Repayment
Later from Northern Minerals
- NTU - In-Principle Agreement Reached With ATO
- NTU Launch of accelerated non-renouncable entitlement offer
- NTU Institutional Entitlement Offer Completed
- Non-Renounceable Issue
- NTU - Retail Entitlement Offer Completed
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