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Native Mineral Resources Raises $4.1M to Offset $19M Exploration Outflows
6:30pm on Sunday 1st of June, 2025 AEST
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Native Mineral Resources Raises $4.1M to Offset $19M Exploration Outflows
6:30pm on Sunday 1st of June, 2025 AEST
Key Points
Net cash used in operating activities of $1.25 million for the quarter
Significant investing outflows of $19.3 million primarily for exploration and acquisitions
Raised $4.1 million through a pro-rata entitlement offer at $0.04 per share
Secured a $18.6 million convertible note facility with capitalised interest until 2026
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Native Mineral Resources Holdings (ASX:NMR)
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