Northern Minerals Entitlement Offer
Northern Minerals (ASX:NTU) are pleased to report there now an Institutional Entitlement Offer open to eligible shareholders. The Company intends to use the approximately A$6.95 million raised under Entitlement Offer to meet current commitments with the ATO, progress their enhancement initiatives (including further exploration) at Browns Range, and raise capital.
The details of the entitlement offer are below:
– The Offer Price is A$0.045;
– The Offer Price represents a discount of 41.95% to the 10 day VWAP:
– Eligible shareholders are entitled to purchase 1 new share for every 13 existing shares
How to participate:
1. Fill in the form provided to request a term sheet.
2. Read the term sheet and return 708 information to Reach Markets.
3. Request and return the shareholder declaration
4. Fund your application and send reciept to Reach Markets
As this offer closes today, so we strongly encourage participants to submit their application and all document by 4pm. Please send all communication to [email protected]