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Northern Minerals Limited (ASX:NTU)

ALERT: Price-sensitive ASX Announcement for NTU
Current share price for NTU : $0.026 -0.009 (-25.71%)+
Announcement
Release
28 Jan 2026 9:48AM
Price at Release
$0.035
Full Release
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Summary
Northern Minerals Limited has received notices under sections 203D and 249D of the Corporations Act from Vastness Investment Group Limited, a shareholder holding over 5% of the company’s shares. The notices request the convening of a general meeting to vote on the removal of Mr. Adam Neil Charles Handley as a director. This request parallels a resolution proposed for the company’s 2025 AGM regarding Mr. Handley’s re-election. The company is required to hold the meeting within two months of receiving the request. Northern Minerals is also dealing with certain issues that have been referred to the Foreign Investment Review Board (FIRB) to ensure compliance with Australian laws. The company will keep its shareholders informed in line with its disclosure obligations.
Key Points
  • Notices under sections 203D and 249D were received from a major shareholder.
  • The notices seek the removal of director Mr. Adam Neil Charles Handley.
  • A similar resolution is to be discussed at the 2025 AGM.
  • Northern Minerals must call a general meeting within two months.
  • Issues referred to FIRB concerning potential legal compliance.
  • Company committed to keeping shareholders updated.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.