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Northern Mining Ltd Announces Non-Renounceable Rights Issue


Wednesday, 30 Oct 2013 11:10pm EDT 

Northern Mining Ltd announced to the Australian Securities Exchange on October 8, 2013 a 1 for 1 pro-rata non-renounceable rights issue (Rights Issue or Offer) of up to 436,474,406 new fully paid shares (New Shares) at an issue price of $0.012 per New Share to raise up to approximately AUD5,237,692 (before costs). The funds raised from the Offer will be used for further exploration work, potential acquisitions, working capital and to cover costs of the Offer. 

Company Quote

0.025
-0.0070 -21.88%
28 Aug 2014