Native Mineral Resources Holdings Ltd. (AU:NMR) has released an update.
Native Mineral Resources Holdings Ltd. has successfully raised $3.46 million through a private placement at a 14.3% premium, aiming to bolster its Queensland gold assets. The company plans a further $15.9 million entitlement offer to fund exploration and development activities. This capital injection positions NMR to transition from a junior explorer to a potential gold producer.
For further insights into AU:NMR stock, check out TipRanks’ Stock Analysis page.
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