Issue of Placement Shares and Cleansing Notice
New Frontier Minerals Limited has issued 107,142,857 ordinary shares at $0.021 per share to raise capital, with an additional 53,571,430 attaching options planned subject to shareholder approval expected around January 31, 2026. The company has confirmed compliance with relevant financial regulations, stating it has met its disclosure obligations and has no excluded information that would require further disclosure.
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New Frontier Minerals Limited (LSE/ASX: NFM) i has issued 107,142,857 fully paid ordinary shares ("New Shares") at a subscription price of $0.021 per New Share to professional and sophisticated investors. The New Shares relate to the Share Placement announced by the Company on 25 November 2025 ("Placement"). The New Shares were issued pursuant to the Company's placement capacity under ASX Listing Rule 7.1 and 7.1A.
The Company will also issue 53,571,430 Attaching Options. The Attaching Options will be issued subject to shareholder approval, to be obtained at a General Meeting of the Company which is intended to be held on or around 31 January 2026.
Cleansing Notice
The 107,142,857 fully paid ordinary shares were issued without disclosure to investors under section 708A(5) of the Corporations Act 2001 (Cth) ("Act"). With reference to the Shares issued, in accordance with section 708A(6) of the Act", the Company gives notice under paragraph 708A(5)(e) that:
- The Shares were issued without disclosure to investors under Part 6D.2 of the Act; and
- As at the date of this notice:
- the Company has complied with sections 674 and 674A of the Act; and
This announcement was approved for release by the Board of New Frontier Minerals Limited.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.