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Native Mineral Resources Raises Capital for Ongoing Projects

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Native Mineral Resources Raises Capital for Ongoing Projects

Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) has provided an announcement.

Native Mineral Resources Holdings Ltd. has raised over $5 million through the issuance of new shares as part of a shortfall placement, with additional investment expected from Wes Maas. This financial move supports their ongoing projects, including a significant drilling program, though specific results are pending and not yet disclosed to investors.

More about Native Mineral Resources Holdings Ltd.

Native Mineral Resources Holdings Ltd. operates in the mining industry, focusing on mineral exploration and development projects. The company is engaged in projects such as the Charters Towers Gold Project in North Queensland, which involves an 18-hole diamond drilling program.

YTD Price Performance: 65.00%

Average Trading Volume: 1,327,494

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$38.82M

For detailed information about NMR stock, go to TipRanks’ Stock Analysis page.

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