NTU 9.09% 2.0¢ northern minerals limited

News: NTU Northern Minerals Announces Issue of Shares To Creditors and Suppliers

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    Jan 16 (Reuters) - Northern Minerals Ltd (NTU) :

    • HAS ISSUED 10 MILLION SHARES TO SINOSTEEL EQUIPMENT AND ENGINEERING AND 15 MILLION SHARES TO PRIMERO GROUP AS PART OF A DEED OF SETTLEMENT
    • HAS ALSO ISSUED 5.9 MILLION ORDINARY SHARES TO VARIOUS CREDITORS & SUPPLIERS AS PART PAYMENT FOR SERVICES RENDERED
    • COMPANY IS ALSO CONTINUING TO PROGRESS DISCUSSIONS IN RELATION TO FURTHER FUNDING
 
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