NT Minerals Receives AU$300,000 via Convertible Note Facility

MT Newswires Live

2024/09/06

NT Minerals (ASX:NTM) received AU$300,000 through its convertible note facility to be used as working capital, according to a Thursday filing with the Australian bourse.

The remaining balance of about AU$1.6 million will be further drawn down in stages to fund the minerals company's exploration and development activities at its projects through 2025.

The facility has a floor price on conversion of AU$0.01 per share, the filing said.

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