Northern Minerals will raise another $10m for their Browns Range heavy rare earths pilot project in a fully underwritten equity placement. It is the second time the George Bauk-led company has raised funds at above-market levels, highlighting the strong level of investor interest in Australia’s first heavy rare earths project.
21/03/2017 - 06:33
Northern Minerals tap investors with $10m placement above market
By Matt Birney
21/03/2017 - 06:33
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Rank Company Revenue 133rd Northern Minerals $1.3m 161st Chariot Corporation $733k 162nd Emmerson Resources $728k 164th Mount Ridley Mines $705k 165th Grand Gulf Energy $695k 598 listed resources wa companies ranked by revenue.
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