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Native Mineral Resources Secures A$3.5 Million Convertible Note to Boost Growth
12:40pm on Thursday 2nd of July, 2026 AEST
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Mining
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Native Mineral Resources Secures A$3.5 Million Convertible Note to Boost Growth
12:40pm on Thursday 2nd of July, 2026 AEST
Key Points
A$3.5 million convertible note with A$4.2 million face value
24-month maturity with 120-day repayment holiday
Monthly repayments of A$210,000 payable in cash or shares
Fixed conversion price at A$0.066 per share
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Native Mineral Resources (ASX:NMR)
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