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New Frontier Minerals Raises $1.59M to Accelerate Rare Earths and Copper Exploration

3:31pm on Monday 16th of June, 2025 AEST Mining
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New Frontier Minerals Raises $1.59M to Accelerate Rare Earths and Copper Exploration

3:31pm on Monday 16th of June, 2025 AEST
Key Points
  • Raised $1.59 million through placement of 142.2 million shares at $0.011 each
  • Issued an additional 3 million shares in lieu of cash for marketing and investor relations
  • Placement shares issued under ASX Listing Rule 7.1 without public disclosure
  • Funds aimed at advancing Harts Range Niobium, Uranium, and Heavy Rare Earths Project
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