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16 June 2025 10:46:31
- Source: Sharecast

16 June 2025
New Frontier Minerals Limited
("NFM" or the "Company")
Cleansing Notice and Appendix 3G
New Frontier Minerals Ltd (LSE and ASX: NFM) advises that settlement of the Share Placement announced by the Company on 4 June 2025 ("Placement") has been completed, raising gross proceeds of $1.59 million. Under the Placement, following completion of final allocations, the Company issued 142,204,543 fully paid ordinary shares ("New Shares") at a subscription price of $0.011 per New Share to professional and sophisticated investors. The New Shares were issued pursuant to the Company's placement capacity under ASX Listing Rule 7.1. The Company today has also issued 3,000,000 fully paid ordinary shares at a deemed price of $0.011 per share in lieu of cash for marketing and investor relation services.
Cleansing Notice
The 145,204,543 fully paid ordinary shares were issued without disclosure to investors under section 708A(5) of the Corporations Act 2001 (Cth) ("Act"). With reference to the Shares issued, in accordance with section 708A(6) of the Act", the Company gives notice under paragraph 708A(5)(e) that:
1. The Shares were issued without disclosure to investors under Part 6D.2 of the Act; and
2. As at the date of this notice:
(a) the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company;
(b) the Company has complied with sections 674 and 674A of the Act; and
(c) there is no excluded information within the meaning of sections 708A(7) and 708A(8) of the Act which is required to be disclosed under section 708A(6)(e) of the Act.
Following the admission of the New Shares, the Company's total issued share capital will consist of 1,602,939,898 Ordinary Shares. The above figure may be used by shareholders as a denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Appendix 3G
NFM advises that an Appendix 3G has been issued to the ASX and is available on the Company's website: https://newfrontierminerals.com/investor-dashboard/
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".
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