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New Frontier Minerals Limited announced that 145,500,000 fully paid ordinary shares will be released from voluntary escrow. This release is scheduled for 1 May 2025, with the shares originally issued as part consideration for the acquisition of the Harts Range Niobium, Uranium and HREE Project.
| Date | 30 Apr 2025 |
| Time | 11:02:45 |
| Category | Miscellaneous |
| ID | 8410G |
30 April 2025
New Frontier Minerals Limited
("NFM" or the "Company")
Release from Escrow
New Frontier Minerals Limited (ASX: NFM) ("New Frontier" or "NFM" or "the Company") advises that the following fully paid ordinary shares will be released from escrow 1 May 2025:
|
Security Class |
Number of Securities |
Escrow |
Release date |
|
Ordinary shares |
145,500,000 |
Voluntary |
1 May 2025 |
The escrowed shares were issued as part consideration for the acquisition of the Harts Range Niobium, Uranium and HREE Project. Further information relating to the escrowed shares can be found in the ASX release dated 21 October 2024.
For further information please contact
|
New Frontier Minerals Limited |
+61 8 6558 0886 |
|
Gerrard Hall (UK), Chairman |
|
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|
|
|
SI Capital Limited (Financial Adviser and Corporate Broker) |
+44 (0)1483 413500 |
|
Nick Emerson |
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|
|
Gracechurch Group (Financial PR) |
+44 (0)20 4582 3500 |
|
Harry Chathli, Alexis Gore, Henry Gamble |
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About New Frontier Minerals
New Frontier Minerals Limited is an Australian-based focussed explorer, with a strategy to develop multi-commodity assets that demonstrate future potential as an economic mining operation. Through the application of disciplined and structured exploration, New Frontier has identified assets deemed core and is actively progressing these interests up the value curve. Current focus will be on advancing exploration activity at the Harts Range Niobium, Uranium and Heavy Rare Earths Project which is circa 140km north-east from Alice Springs in the Northern Territory.
Other interests include the NWQ Copper Project, situated in the copper-belt district circa 150km north of Mt Isa in Queensland and the Broken Hill Project in western New South Wales.
New Frontier Minerals is listed on the LSE and ASX under the ticker "NFM".