Far Northern Resources Quarterly June Report 2024

Far Northern Resources (ASX:FNR) is pleased to present its quarterly June report 2024.

• Far Northern Resources listed on the ASX raising $4.165M
• FNR acquired 100% of Premier Mining and Bridge Creek Mining
• Exploration began at Bridge Creek in the NT
• Geophysical survey conducted over the Empire ML.
• Significant IP anomalies identified over Empire ML.
• Desk-top work uncovers Ios prospect at Bridge Creek in the NT.

During the June quarter 2024 Far Northern Resources Ltd (ASX:FNR) successfully raised $4.16 million and was accepted to admission to the official list of the Australian Stock Exchange (ASX). Shares in FNR started trading on the 12th of April 2024. The Initial Public Offering (IPO) raised $4,165,000 through the issue of 20,825,000 shares at an issue price of $0.20. The total undiluted shares on issue at the date of listing was 70,961,135 with FNR having a Market Capitalisation of $14,192,227 and an Enterprise Value (EV) of $10,027,227.

FNR has accumulated an exciting package of tenements in the Northern Territory and Queensland that are highly prospective for gold and copper. Exploration commenced in the Northern Territory and North Queensland at the Empire project.

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