On signing of the Subscription Agreement, Northern Minerals received $200,000 (issuing 2 million shares at 10 cents per share) from Huatai Mining, with the remaining funding to be received through two stages:
- By 12 August 2016, $2.8 million for 28 million shares at 10 cents per share.
They certainly are leaving it to the last minute
Ann: Northern Minerals enters into $30M equity funding agreement-NTU.AX, page-50
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