GNM 8.33% 1.1¢ great northern minerals limited

Ann: Trading Halt, page-34

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    The Directors have requested a trading halt pending a placement to sophisticated investors through its available placement capacity. This placement will allow the Company to pursue it objectives including Phase 1 of the Kopang project once approval of the PGGS licence is granted.
    The placement also allows Greenpower to utilise current funds to continue the Morabisi program and undertake a strategic review of the current asset portfolio and the best way to maximise shareholder value.
 
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