NIS Great news,Great acquisition,Only $7.6 mil Mcap, ~$4.8mil...

NIS

Great news,

Great acquisition,

Only $7.6 mil Mcap, ~$4.8mil cash in the bank,

Binding commitments received to raise ~$0.56M via a strategic placement strongly supported by high net worth investors, family offices and dedicated resource funds,In addition,

NIS to launch a fully underwritten pro rata non-renounceable entitlements offer (Entitlement Offer) on the basis of two (2) New Shares for every three (3) Shares held by eligible shareholders to raise ~$2.14M with a Record Date to be set on or around 6 September 2024,

Drilling to commence in Q4CY24,