Corporate and Operational Update
Company Activities - Since Relisting
March 2023
.
Private Placement - +$500,000
.
Convertible Note - $2.5M (conversion floor - $0.01)
New Board Board personal investment
➤ April - July 2023
•
-
Entitlement Issue - +$1.1m fully underwritten
•
Reinstated to Trading on ASX
•
●
•
•
•
Costs Reduction across corporate areas
Realignment of Board / Management Remuneration
Critical Minerals Acquisition - Finniss River
Joint Venture implemented on Millers Creek Project (SA)
Expansion of Redbank Project through acquisition
Re-engaged with NSW Govt over McKinnons Rehabilitation
Strategic Review - Refocus of NT Minerals
Northern Australia centric
Critical/Strategic Minerals targets
Risk Mitigation through expansion
Road Map to production & sales
Existing JORC (2012) Resource:
○ 8.4Mt @1.1% Cu (0.3% cut-off)
88,600 tonnes contained copper
Re-rating to market peers
"The recent acquisitions significantly increase NT
Minerals portfolio with an expansion of the Redbank
Copper Project and the exciting addition of critical
minerals to the portfolio".
Mal James Executive Chairman
NT Minerals | September 23
N
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