Norwest Minerals Ltd. (AU:NWM) has released an update.
Norwest Minerals Limited has announced the issuance of new fully paid ordinary shares and/or options, leveraging a regulatory pathway that allows issuing securities without typical investor disclosure. This move, falling under specific provisions of the Australian Corporations Act, comes with assurances of compliance from the company in regards to its financial reporting obligations. Moreover, the company has highlighted preliminary exploration results indicating the presence of certain rare earth elements, with further detailed assaying to follow.
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