Ann: TNC announces $5M institutional placement, page-44

Anyone else spotted the elephant in the room?

True North Copper Limited (ASX: TNC, “TNC” or “Company”) is pleased to advise that it has signed binding documentation
with Millinium Capital Managers Limited as trustee for MP Materials and Mining Group Fund for a placement of A$5 million

https://mpmaterials.com/ US3billion USA based company

https://www.miningweekly.com/article/australian-magnate-rinehart-takes-stake-in-us-miner-mp-materials-2024-04-10

MELBOURNE - US rare-earths producer MP Materials said Australian billionaire Gina Rinehart's mining firm had taken a 5.3% stake in the company, expanding her investments in the mineral ore sector.