Key Developments: Northern Mining Ltd (NMI.AX)
0.00AUD
20 May 2013
$-0.00 (-20.00%)
$0.01
$0.00
$0.00
$0.00
1,877,000
282,894
$0.03
$0.00
Latest Key Developments (Source: Significant Developments)
Northern Mining Ltd Announces Resignation Of Chief Executive Officer
Northern Mining Ltd announced that Mr. Greg Wilson has resigned as Chief Executive Officer, effective January 21, 2013. He will continue to consult to the Company on technical matters. Full Article
Northern Mining Ltd Raises Additional AUD 0.5 Million
Northern Mining Ltd announced that it has raised a further AUD 0.5 million (Shortfall Placement) at AUD 0.02 per share from the shortfall of the completed Rights Issue. The Shortfall Placement was offered to long term shareholders of the Company, as well as clients of Patersons Securities Limited and closed oversubscribed. Full Article
Northern Mining Ltd Exercises Options Into New Ordinary Shares
Northern Mining Limited announced the issuance of 26,370 ordinary fully paid shares at AUD 0.06 each pursuant to the exercise of listed options. Full Article
Northern Mining Ltd Not To Pay FY 2012 Dividend
Northern Mining Ltd announced that no dividends have been paid or declared since the start of fiscal 2012 and the Directors do not recommend the payment of a dividend in respect of the financial year. Full Article
Northern Mining Ltd Issues New Ordinary Shares
Northern Mining Ltd announced that it has issued up to 136,625,261 ordinary shares at an issue price of AUD 0.02 per share for total consideration of AUD 2,732,505. The funds from the Rights Issue will be used for further exploration work; working capital; and cover the costs of the Offer. Full Article
Northern Mining Limited Completes Placement
Northern Mining Limited announced that it has completed a capital raising of AUD 528,250 before costs. The placement will result in the issue of 23,477,778 fully paid ordinary shares at AUD 0.0225 per share to sophisticated and professional investor clients of BBY Limited (BBY) and is within NMI's available 15% capacity under Listing Rule 7.1. Funds raised from this placement will be applied to drilling programs at the East Kalgoorlie Project’s Northern Zone Deeps, Snake Hill and Hake Prospects and to working capital requirements. Full Article
Northern Mining Limited Announces Commencement Of Drilling At Snake Hill Prospect
Northern Mining Limited announced that the first of several planned drilling programs has commenced at the Snake Hill Prospect to further evaluate the gold mineralised structure identified from bedrock gold anomalism and associated arsenic abundance, identified in the December 2011 RAB program. Full Article
Northern Mining Limited Exercises Options Into New Ordinary Shares
Northern Mining Limited announced the issuance of 8,055,944 ordinary fully paid shares at AUD 0.04 each pursuant to the exercise of listed options. Full Article
Northern Mining Limited Announces Exercise Of Listed Options
Northern Mining Limited announced the issuance of 2,425,000 ordinary fully paid shares at AUD 0.04 each pursuant to the exercise of listed options. Full Article
Northern Mining Limited Commences Drilling At Snake Hill Prospect
Northern Mining Limited announced the commencement of a RAB drill program at the Snake Hill Prospect. The drill program is planned to evaluate a portion of the broad 3 kilometer (km) long by 1.5 km wide surface gold geochemical anomaly identified by previous explorers and extended by Northern Mining. Full Article
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