Business
Rare earths play Northern Minerals seeks $20m – The Australian Financial Review
Two days after announcing it was fast-tracking reaching commercial rare earths production, Northern Minerals is seeking a cash injection to make it all happen.
Two days after announcing it was fast-tracking reaching commercial rare earths production, Northern Minerals is seeking a cash injection to make it all happen.
Northern Minerals was hunting a capital injection on Friday. Louise Kennerley
The company was looking for $20 million in fresh equity on Friday morning via a placement of new shares, according to terms sent to funds.
The shares were being offered at 4.9¢ each, which represented a 5.8 per cent discount to Northern Minerals last close, and…
-
General13 hours agoMildura man given 28 years to pay $73,000 in unpaid fines and tolls
-
General16 hours agoAustralia’s race to rewire the country amid a global transmission boom is not unique
-
General20 hours agoPrincess Diana enters Paris waxwork museum in ‘revenge dress’
-
General14 hours agoGold Coast and Noosa councils scammed out of ratepayers’ money