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Northern Minerals Raises $42.4M as Operating Cash Outflow Hits $5.1M

11:22am on Thursday 31st of July, 2025 AEST Mining
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Northern Minerals Raises $42.4M as Operating Cash Outflow Hits $5.1M

11:22am on Thursday 31st of July, 2025 AEST
Key Points
  • Operating cash outflow of AUD 5.1 million for the quarter
  • Raised AUD 42.4 million through equity issuance
  • Ended quarter with AUD 24.3 million in cash and equivalents
  • Fully drawn AUD 15 million financing facility
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