The Conversation (0)
April 30, 2024
During the March quarter 2024, Far Northern Resources Ltd (ASX: FNR) successfully raised $4.165 million and was accepted to admission to the official list of the Australian Stock Exchange (ASX). Shares in FNR started trading on 12 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.
- Far Northern Resources successfully raised $4.165M and satisfied the listing conditions to enable the quotation of its shares on ASX
- FNR acquired 100% of Premier Mining and Bridge Creek Mining post 31 March
- Director Conducted Site Visit to Bridge Creek in the NT
- Directors conducted Pre-Listing Road Shows Brisbane, Sydney, and Perth
- Rock Chip sampling over copper anomalies at Empire - see announcement 15 April 2024.
FNR has accumulated an exciting package of tenements in the Northern Territory and Queensland that are highly prospective for Gold and Copper. Exploration will commence shortly in the Northern Territory while a rock chip program has been conducted in North Queensland at the Empire project over the southern end of the Empire Mining Lease (see FNR’s announcement dated 15 April 2024).
This article includes content from Far Northern Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
12h
Mirae Asset Launches Hong Kong's First Copper ETF
Mirae Asset Global Investments launched Hong Kong's first copper mining exchange-traded fund on Tuesday (September 15).The Global X Copper Miners ETF began trading on the Stock Exchange of Hong Kong under the stock codes 3014 and 9014. The fund debuted at an issue price of US$1 per share with a... Keep Reading...
15 September
Generation Mining's Billion-Dollar Marathon Mine Now Fully Funded
Toronto-based Generation Mining (TSX:GENM,OTCQB:GENMF) has secured C$340 million in final financing to complete a C$1.3 billion capital package for its Marathon copper-palladium project in Northwestern Ontario.The final funding package relies on C$190 million in federal anchor commitments,... Keep Reading...
14 September
BHEM Defines Copper Conductors and Drill Targets at Chester
Raptor Metals Ltd (ASX: RAP) (“Raptor” or “the Company”) is pleased to report the results from a borehole electromagnetic (BHEM) survey completed across twelve diamond drill holes at its 100%-owned Chester Copper Project in the Bathurst Mining Camp, New Brunswick, Canada. HIGHLIGHTS Borehole... Keep Reading...
11 September
What Was the Highest Price for Copper?
Strong demand in the face of looming supply shortages has pushed copper to new heights in recent years.With a wide range of applications in nearly every sector, copper is by far the most industrious of the base metals. In fact, for decades, the copper price has been a key indicator of global... Keep Reading...
09 September
Copper Stocks Surge as Prices Keep Climbing
Copper prices have risen significantly over the past year, reaching record levels this month. From September 2025 to September 2026, US copper prices have risen more than 50 percent, while London Metal Exchange (LME) prices have jumped by 48 percent. Although the gains have moderated since the... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00