**Northern Minerals SPP - Offer Closed**

The Northern Minerals Share Purchase Plan (SPP) gives eligible existing shareholders the opportunity to acquire up to an additional $15,000 worth of Shares at $0.078 per Share.

Northern Minerals Managing Director - George Bauk, recently gave a key update on the progress of NTU and their SPP:

“The uptake of the Share Purchase Plan has exceeded our initial expectations, with in excess of the $10 million target being raised. In response to the strong demand from Shareholders we’ve decided to leave the Offer open until the 12th of February, with a revised target of $15 million for the capital raise.

This was communicated via an ASX announcement on the 2nd of February which can be viewed by clicking here.

Recent regional sampling has returned grades up to 10 times higher than the average Brown Range deposits, these grades are similar to what was found at our Wolverine site, which is one of the largest heavy rare earth deposits in the world.

The additional funds raised will allow Northern Minerals to accelerate our exploration, get drilling rigs back on the ground in the June quarter, and implement ore processing to help us become the first significant supplier outside of China.”

To receive the details of the SPP and your personal application form please fill in the form provided.

*OzFinancial are the advisors assisting with the management of this SPP and can be contacted on (03) 8080 5795 or at admin@ozfinancial.com.au should you have any questions. 

* Required

**Please Note:

  • The securities on offer are issued by Northern Minerals Limited (ACN 119 966 353)
  • The Offer of the securities is made in the Share Purchase Plan (SPP) booklet.
  • You need to consider the SPP booklet in deciding whether to acquire the securities.
  • To acquire the securities you will need to complete the personal application form that accompanies the SPP booklet.
  • As the advisers assisting with the management of the SPP, OzFinancial Australia Pty Ltd may receive fees depending on whether the SPP is taken up by investors.