NMR to raise $3.46M to develop Queensland gold projects

The Market Herald11-12

Native Mineral Resources Ltd (ASX:NMR) is set to raise $3.46 million to progress development of its Far Fanning and Black Jack deposits in north Queensland, as well as funding exploration across other...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2482793605?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-12 07:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2482793605","market":"hk","top_or_hot":-1,"title":"NMR to raise $3.46M to develop Queensland gold projects","media":"The Market Herald","content":"<div>\n<p>Native Mineral Resources Ltd (ASX:NMR) is set to raise $3.46 million to progress development of its Far Fanning and Black Jack deposits in north Queensland, as well as funding exploration across other...</p>\n\n<a href=\"https://themarketonline.com.au/nmr-to-raise-3-46m-to-develop-queensland-gold-projects-2024-11-12/\">Source Link</a>\n\n</div>\n","source":"markerherald_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NMR to raise $3.46M to develop Queensland gold projects</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNMR to raise $3.46M to develop Queensland gold projects\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-12 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketonline.com.au/nmr-to-raise-3-46m-to-develop-queensland-gold-projects-2024-11-12/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Native Mineral Resources Ltd (ASX:NMR) is set to raise $3.46 million to progress development of its Far Fanning and Black Jack deposits in north Queensland, as well as funding exploration across other...</p>\n\n<a href=\"https://themarketonline.com.au/nmr-to-raise-3-46m-to-develop-queensland-gold-projects-2024-11-12/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4552","symbol_name":"Archegos爆仓风波概念","start_time":0,"source_url":"https://themarketonline.com.au/nmr-to-raise-3-46m-to-develop-queensland-gold-projects-2024-11-12/","article_id":"2482793605","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482793605","pubTimestamp":1731368820,"sourceInfo":{"source_id":"markerherald_stock","name":"The Market Herald"},"weMediaInfo":null,"summary":"Native Mineral Resources Ltd  is set to raise $3.46 million to progress development of its Far Fanning and Black Jack deposits in north Queensland, as well as funding exploration across other tenements and working capital requirements.The company has received commitments from sophisticated and institutional investors for a private Placement, expecting to raise $3,463,731.24  with the issue of 86,593,281 fully paid ordinary shares priced at 4 cents each.The amount was raised under a premium of 14.3% to the last closing price.NMR is also planning to undertake a non-renounceable Entitlement Offer with the same share price, aiming to raise up to $15.9 million ; this will allow existing shareholders to participate on the same terms as the Placement.In this, managing director and CEO Blake Cannavo will take up his full entitlement of over $3 million, and he said the capital raising would enable NMR to move ahead with its plans for gold exploration in the state.Join the discussion: See what H","collect":0,"end_time":0,"defaultTopTitle":"themarketonline.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4552":"Archegos爆仓风波概念","NMR":"野村控股","BK7506":"金矿股","BK7095":"多种金属与采矿","NMR.AU":"NATIVE MINERAL RESOURCES HOL","BK4127":"投资银行业与经纪业"},"translate_title":"NMR将筹集346万美元开发昆士兰黄金项目","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NMR":1,"NMR.AU":1},"content_text":"Native Mineral Resources Ltd (ASX:NMR) is set to raise $3.46 million to progress development of its Far Fanning and Black Jack deposits in north Queensland, as well as funding exploration across other tenements and working capital requirements.\nThe company has received commitments from sophisticated and institutional investors for a private Placement, expecting to raise $3,463,731.24 (before costs) with the issue of 86,593,281 fully paid ordinary shares priced at 4 cents each.\nThe amount was raised under a premium of 14.3% to the last closing price.\nNMR is also planning to undertake a non-renounceable Entitlement Offer with the same share price, aiming to raise up to $15.9 million (before costs); this will allow existing shareholders to participate on the same terms as the Placement. \nIn this, managing director and CEO Blake Cannavo will take up his full entitlement of over $3 million, and he said the capital raising would enable NMR to move ahead with its plans for gold exploration in the state.\n“The support of the investment community provides confidence in our plans,” he said. \n“The newly acquired projects provide the opportunity for us to transition from a junior explorer to a potential gold producer in under two years.”\nNMR shares have risen following the news, and at 10:39 AEDT, they were trading at 4 cents – a rise of 14.29% since the market opened.\nJoin the discussion: See what HotCopper users are saying about NMR and be part of the conversations that move the markets.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482793605"}