Native Mineral Resources Raises additional $1.8m
- Native Mineral Resources (NMR) receives commitments to raise just under $1.8 million of its right issue shortfall with new investors
- Around 8.1 million shares have reportedly been issued at 21.8 cents per share following the previous rights issue of 2.9 million shares which raised $632,628
- Two directors of the company have elected to take up the remaining shortfall subject to shareholder approval
- The rights issue and shortfall placements have raised a total of $3 million which the company says will go towards projects planned for next quarter
- Shares have been trading 3.57 per cent in the red at 27 cents
