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Northern Minerals Limited (ASX:NTU)

ALERT: Price-sensitive ASX Announcement for NTU
Current share price for NTU : $0.027 0.003 (12.50%)+
Announcement
Release
18 May 2026 10:40AM
Price at Release
$0.024
Full Release
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Summary
The Treasurer of Australia has issued new disposal orders under the Foreign Acquisitions and Takeovers Act 1975, targeting several foreign entities holding shares in Northern Minerals Limited. These orders require the disposal of 1,678,895,780 shares in Northern Minerals by entities such as Real International Resources Limited and Qogir Trading & Service Co., Limited, within 14 days. The orders aim to align with Australia's foreign investment policies, safeguarding national interests in strategically critical resources sectors. Northern Minerals is evaluating the impact of these orders and will provide further updates as the situation develops.
Key Points
  • Treasurer makes further disposal orders under the Foreign Acquisitions and Takeovers Act 1975.
  • Northern Minerals Limited impacted by new disposal orders covering 1,678,895,780 shares.
  • Various foreign entities directed to dispose of shares in Northern Minerals within 14 days.
  • Entities include Real International Resources Limited, Qogir Trading & Service Co., Limited, and others.
  • The orders aim to ensure compliance with Australia's foreign investment policy.
  • Northern Minerals is considering the implications of these orders and will make further announcements.
  • The orders are part of ongoing efforts to regulate foreign ownership in strategically important Australian companies.
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.