Native Mineral Resources Enters Convertible Security Funding Agreement; Shares Down 14%

MT Newswires Live2025-12-24

Native Mineral Resources (ASX:NMR) entered into a convertible security funding agreement with Lind Global Fund III LP for funding of up to AU$10 million, according to a Wednesday filing with the Australian bourse.

The first tranche comprises an issue price of AU$3 million, in consideration for which the company will issue a convertible security worth AU$3.3 million, with any further tranches of up to AU$7 million open for negotiation, the filing said.

The security is convertible into fully paid ordinary shares at AU$0.15 apiece and has a 12-month maturity from the issue of the final tranche, per the filing.

Shares fell 14% in midday trade on Wednesday.

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/2593344030?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-24 10:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2593344030","market":"hk","top_or_hot":-1,"title":"Native Mineral Resources Enters Convertible Security Funding Agreement; Shares Down 14%","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/NMRN.AU\">Native Mineral</a> Resources (ASX:NMR) entered into a convertible security funding agreement with Lind Global Fund III LP for funding of up to AU$10 million, according to a Wednesday filing with the Australian bourse.</p><p>The first tranche comprises an issue price of AU$3 million, in consideration for which the company will issue a convertible security worth AU$3.3 million, with any further tranches of up to AU$7 million open for negotiation, the filing said.</p><p>The security is convertible into fully paid ordinary shares at AU$0.15 apiece and has a 12-month maturity from the issue of the final tranche, per the filing.</p><p>Shares fell 14% in midday trade on Wednesday.</p></body></html>","source":"mtnewswires_news","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>Native Mineral Resources Enters Convertible Security Funding Agreement; Shares Down 14%</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\">\nNative Mineral Resources Enters Convertible Security Funding Agreement; Shares Down 14%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-24 10:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/NMRN.AU\">Native Mineral</a> Resources (ASX:NMR) entered into a convertible security funding agreement with Lind Global Fund III LP for funding of up to AU$10 million, according to a Wednesday filing with the Australian bourse.</p><p>The first tranche comprises an issue price of AU$3 million, in consideration for which the company will issue a convertible security worth AU$3.3 million, with any further tranches of up to AU$7 million open for negotiation, the filing said.</p><p>The security is convertible into fully paid ordinary shares at AU$0.15 apiece and has a 12-month maturity from the issue of the final tranche, per the filing.</p><p>Shares fell 14% in midday trade on Wednesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NMR.AU","symbol_name":"NATIVE MINERAL RESOURCES HOL","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2593344030","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2593344030","pubTimestamp":1766541852,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Native Mineral Resources  entered into a convertible security funding agreement with Lind Global Fund III LP for funding of up to AU$10 million, according to a Wednesday filing with the Australian bourse.The first tranche comprises an issue price of AU$3 million, in consideration for which the company will issue a convertible security worth AU$3.3 million, with any further tranches of up to AU$7 million open for negotiation, the filing said.The security is convertible into fully paid ordinary shares at AU$0.15 apiece and has a 12-month maturity from the issue of the final tranche, per the filing.Shares fell 14% in midday trade on Wednesday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NMR.AU":"NATIVE MINERAL RESOURCES HOL","BK7506":"金矿股","BK7095":"多种金属与采矿"},"translate_title":"Native Mineral Resources签订可转换证券融资协议；股价下跌14%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NMR.AU":1},"content_text":"Native Mineral Resources (ASX:NMR) entered into a convertible security funding agreement with Lind Global Fund III LP for funding of up to AU$10 million, according to a Wednesday filing with the Australian bourse.The first tranche comprises an issue price of AU$3 million, in consideration for which the company will issue a convertible security worth AU$3.3 million, with any further tranches of up to AU$7 million open for negotiation, the filing said.The security is convertible into fully paid ordinary shares at AU$0.15 apiece and has a 12-month maturity from the issue of the final tranche, per the filing.Shares fell 14% in midday trade on Wednesday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"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":"4.35.13","shortVersion":"4.35.13","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/2593344030","isCrawlerRequest":true}