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Northern closes oversubscribed placement

NORTHERN Minerals has completed an oversubscribed capital raising to capitalise on recent renewed interest in rare earth elements, and to accelerate plans for its Brown Range development in Western Australia’s Kimberley region.

Haydn Black
Northern aims to develop resources for a long-life REE operation

Northern aims to develop resources for a long-life REE operation

The junior raised A$20 million from sophisticated and institutional investors in Australia, the United States and Europe in a placement offered at a 6.1% discount to recent trading.   The placement,...

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